Future Metals (LON:FME) Trading Down 9.1% – Here’s Why

Future Metals NL (LON:FME) shares were down 9.1% during trading on Friday . The stock traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 4,634 shares changed hands during trading, a decline of 99% from the average daily volume of 310,263 shares. The stock had previously closed at GBX 0.55 ($0.01).

Future Metals Price Performance

The company has a market cap of £5.72 million, a PE ratio of -1.45 and a beta of 1.26. The stock has a 50 day simple moving average of GBX 0.56 and a two-hundred day simple moving average of GBX 0.70.

About Future Metals

Future Metals NL (ASX:AIM | FME) is an Australian based exploration Company focused on advancing its Panton PGM Project in the eastern Kimberley region of Western Australia.

The 100% owned Panton PGM-Ni Project is located 60kms north of the town of Halls Creek in the eastern Kimberly region of Western Australia, a tier one mining jurisdiction.