First Tin Plc (LON:1SN – Get Rating) shares dropped 2% during mid-day trading on Wednesday . The company traded as low as GBX 17.55 ($0.21) and last traded at GBX 17.89 ($0.22). Approximately 92,157 shares changed hands during trading, a decline of 74% from the average daily volume of 349,531 shares. The stock had previously closed at GBX 18.25 ($0.22).
The stock has a market capitalization of £47.50 million and a PE ratio of -17.89.
In other First Tin news, insider Charles Cannon Brookes bought 808,228 shares of the stock in a transaction dated Tuesday, May 31st. The shares were acquired at an average cost of GBX 19 ($0.23) per share, for a total transaction of £153,563.32 ($188,098.14).
First Tin Plc operates as an exploration and development group focused on tin and associated metals in Germany and Australia. Its flagship assets include the Tellerhäuser Project in Saxony, Germany; and the Taronga Project in New South Wales, Australia. The company was incorporated in 2012 and is based in London, United Kingdom.
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