First Tin (LON:1SN) Sets New 1-Year High at $7.45

First Tin Plc (LON:1SN)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 7.45 ($0.10) and last traded at GBX 7.45 ($0.10), with a volume of 400 shares traded. The stock had previously closed at GBX 7.16 ($0.09).

First Tin Trading Up 3.6 %

The firm has a market capitalization of £23.09 million, a P/E ratio of -725.00 and a beta of 1.41. The company’s fifty day moving average is GBX 5.87 and its 200-day moving average is GBX 5.64.

Insiders Place Their Bets

In related news, insider Charles Cannon Brookes purchased 360,000 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The shares were acquired at an average price of GBX 5 ($0.07) per share, with a total value of £18,000 ($23,778.07). In other First Tin news, insider Nicholas Mather sold 60,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of GBX 4 ($0.05), for a total transaction of £2,400,000 ($3,170,409.51). Also, insider Charles Cannon Brookes purchased 360,000 shares of First Tin stock in a transaction on Monday, August 12th. The shares were purchased at an average cost of GBX 5 ($0.07) per share, with a total value of £18,000 ($23,778.07). In the last quarter, insiders bought 1,960,000 shares of company stock worth $357,200,000. 49.86% of the stock is currently owned by company insiders.

First Tin Company Profile

First Tin Plc engages in the mining and development of tin in Germany and Australia. Its flagship assets include the Tellerhäuser Project in Saxony, Germany; and the Taronga Project in New South Wales, Australia. First Tin Plc was incorporated in 2012 and is based in London, the United Kingdom.