Capital Metals (LON:CMET) Reaches New 52-Week Low – Should You Sell?

Capital Metals plc (LON:CMET – Get Free Report)’s share price reached a new 52-week low during trading on Thursday. The company traded as low as GBX 3.50 and last traded at GBX 3.75, with a volume of 166412 shares traded. The stock had previously closed at GBX 3.75.

Capital Metals Stock Performance

The firm has a market capitalization of £18.48 million, a P/E ratio of -14.82 and a beta of 0.57. The firm has a 50-day moving average of GBX 3.95 and a two-hundred day moving average of GBX 4.59.

Capital Metals Company Profile

(Get Free Report)

Capital Metals is a UK company listed on the London Stock Exchange (AIM: CMET). We are developing the Taprobane Minerals Project in Sri Lanka, approximately 220km east of Colombo, containing industrial minerals including ilmenite, rutile, zircon, and garnet. The Project is one of the highest-grade mineral sands projects globally, with potential for further grade and resource expansion. In 2022, a third-party Preliminary Economic Assessment provided a Project NPV of US$155-235m based on existing resources, with further identified optimisation potential.

Further Reading

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