First Tin (LON:1SN) Shares Up 6.7% – Still a Buy?

First Tin Plc (LON:1SN)’s stock price traded up 6.7% during trading on Tuesday . The stock traded as high as GBX 5.70 ($0.07) and last traded at GBX 5.60 ($0.07). 359,018 shares were traded during mid-day trading, an increase of 58% from the average session volume of 227,322 shares. The stock had previously closed at GBX 5.25 ($0.07).

First Tin Stock Performance

The business’s 50 day moving average is GBX 5.02 and its 200 day moving average is GBX 5.88. The stock has a market cap of £17.52 million, a price-to-earnings ratio of -550.00 and a beta of 1.41.

First Tin (LON:1SN) last posted its quarterly earnings data on Tuesday, February 25th. The company reported GBX (0.27) ($0.00) EPS for the quarter.

About First Tin

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.