Cornish Metals Inc. (LON:CUSN – Get Free Report)’s share price fell 3% during mid-day trading on Friday . The stock traded as low as GBX 9.66 ($0.12) and last traded at GBX 9.70 ($0.12). 98,899 shares were traded during trading, a decline of 47% from the average session volume of 184,928 shares. The stock had previously closed at GBX 10 ($0.13).
Cornish Metals Stock Performance
The company’s fifty day simple moving average is GBX 9.94 and its 200-day simple moving average is GBX 10.65. The company has a market capitalization of £51.92 million, a P/E ratio of 1,150.00 and a beta of 2.53.
Cornish Metals Company Profile
Cornish Metals Inc engages in the acquisition, evaluation, exploration, and development of mineral properties in the United Kingdom. The company primarily explores for tin, tungsten, zinc, silver, nickel, lithium, and copper deposits. Its flagship projects are the South Crofty project comprising an underground mine permission area that covers 1,490 hectares located in the Central Mining District of Cornwall, the United Kingdom; and the United Downs exploration project located within the historic Gwennap copper and tin mining district in Cornwall, the United Kingdom.
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