Capital Metals plc (LON:CMET) Insider Purchases £7,000 in Stock

Capital Metals plc (LON:CMET) insider James Gerald Leahy acquired 350,000 shares of Capital Metals stock in a transaction on Friday, July 5th. The shares were bought at an average cost of GBX 2 ($0.03) per share, for a total transaction of £7,000 ($8,966.31).

Capital Metals Stock Performance

Shares of LON CMET opened at GBX 1.70 ($0.02) on Wednesday. The business’s 50 day moving average price is GBX 4.01 and its 200-day moving average price is GBX 3.73. Capital Metals plc has a fifty-two week low of GBX 0.90 ($0.01) and a fifty-two week high of GBX 6 ($0.08). The company has a market cap of £5.86 million, a price-to-earnings ratio of -1.93 and a beta of 0.52.

About Capital Metals

Capital Metals plc engages in the exploration, evaluation, and development of mineral sand resources in Sri Lanka and internationally. It holds interests in the Eastern Minerals project located in the Ampara District of the Eastern Province of Sri Lanka, as well as owns two mineral exploration licenses and two industrial mining licenses in Sri Lanka.