First Tin (LON:1SN) Hits New 12-Month High at $7.55

First Tin Plc (LON:1SN) shares reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 7.55 ($0.10) and last traded at GBX 7.30 ($0.10), with a volume of 12612 shares trading hands. The stock had previously closed at GBX 7.13 ($0.10).

First Tin Stock Up 2.5 %

The company has a market capitalization of £23.25 million, a P/E ratio of -712.50 and a beta of 1.41. The company has a 50-day moving average of GBX 6.20 and a two-hundred day moving average of GBX 5.77.

Insider Activity

In other First Tin news, insider Nicholas Mather sold 60,000,000 shares of the company’s stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of GBX 4 ($0.05), for a total value of £2,400,000 ($3,210,272.87). In related news, insider Charles Cannon Brookes purchased 900,000 shares of First Tin stock in a transaction dated Friday, August 16th. The stock was purchased at an average cost of GBX 6 ($0.08) per share, for a total transaction of £54,000 ($72,231.14). Also, insider Nicholas Mather sold 60,000,000 shares of the company’s stock in a transaction dated Wednesday, July 10th. The stock was sold at an average price of GBX 4 ($0.05), for a total transaction of £2,400,000 ($3,210,272.87). In the last 90 days, insiders have acquired 1,960,000 shares of company stock worth $357,200,000. Corporate insiders own 49.86% of the company’s stock.

About First Tin

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.