First Tin (LON:1SN) Trading 2.4% Higher – Here’s What Happened

First Tin Plc (LON:1SN) shares traded up 2.4% during mid-day trading on Wednesday . The company traded as high as GBX 6.30 ($0.09) and last traded at GBX 6.30 ($0.09). 104,883 shares were traded during trading, a decline of 59% from the average session volume of 254,018 shares. The stock had previously closed at GBX 6.15 ($0.08).

First Tin Stock Up 2.4%

The stock has a 50 day moving average of GBX 5.87 and a 200 day moving average of GBX 5.77. The company has a market capitalization of £28.47 million, a price-to-earnings ratio of -741.18 and a beta of 1.41.

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.