First Tin (LON:1SN) Trading 1.9% Higher – Time to Buy?

First Tin Plc (LON:1SN)’s share price rose 1.9% during mid-day trading on Wednesday . The stock traded as high as GBX 12 and last traded at GBX 10.60. Approximately 61,644 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 1,190,743 shares. The stock had previously closed at GBX 10.40.

First Tin Price Performance

The firm’s 50 day moving average price is GBX 15.41 and its 200-day moving average price is GBX 10.75. The stock has a market cap of £57.44 million, a P/E ratio of -39.26 and a beta of 1.41.

First Tin (LON:1SN) last announced its quarterly earnings results on Wednesday, February 25th. The company reported GBX (0.15) earnings per share for the quarter.

First Tin Company Profile

First Tin is an ethical, reliable and sustainable tin development company with advanced, low capex projects in Germany and Australia, led by a team of renowned tin specialists. The Company is focused on becoming a tin supplier in conflict-free, low political risk jurisdictions through the rapid development of high value, low capex tin assets in Germany and Australia.

First Tin’s goal is to use best-in-class environmental standards to bring two tin mines into production in three years, providing provenance of supply to support the current global clean energy and technological revolutions, for which tin is critical.