First Class Metals (LON:FCM) Announces Earnings Results

First Class Metals (LON:FCM) announced its quarterly earnings data on Tuesday. The company reported GBX (0.37) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

First Class Metals Stock Up 2.9%

Shares of First Class Metals stock opened at GBX 2.78 on Thursday. First Class Metals has a twelve month low of GBX 0.96 and a twelve month high of GBX 4.85. The business has a 50-day moving average price of GBX 2.77 and a 200-day moving average price of GBX 2.66. The firm has a market cap of £11.78 million, a price-to-earnings ratio of -4.55 and a beta of 0.02.

Insider Buying and Selling

In other First Class Metals news, insider James Knowles sold 470,648 shares of the firm’s stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of GBX 3, for a total transaction of £14,119.44. Insiders own 5.41% of the company’s stock.

First Class Metals Company Profile

First Class Metals PLC achieved a Standard Listing on The London Stock Exchange in late July 2022 and has remained focused on advancing its highly prospective properties for base (battery) and precious metals in the province of Ontario, Canada with the aim of bringing them to a ‘drill ready status’.

Held through its subsidiary, First Class Metals Canada Inc, seven 100%-owned properties are located within the highly mineralised and prospective Hemlo Greenstone Belt and the named extensions east and west.