First Tin (LON:1SN) Announces Quarterly Earnings Results

First Tin (LON:1SN) announced its earnings results on Wednesday. The company reported GBX (0.15) earnings per share for the quarter, Digital Look Earnings reports.

First Tin Stock Up 0.6%

First Tin stock traded up GBX 0.10 during midday trading on Wednesday, hitting GBX 16.10. 591,624 shares of the stock were exchanged, compared to its average volume of 1,442,290. The company has a fifty day simple moving average of GBX 13.76 and a two-hundred day simple moving average of GBX 9.55. The stock has a market capitalization of £87.21 million, a PE ratio of -41.27 and a beta of 1.41. First Tin has a 52 week low of GBX 4.56 and a 52 week high of GBX 19.

Insiders Place Their Bets

In other First Tin news, insider Bill Scotting purchased 428,571 shares of the stock in a transaction dated Monday, December 15th. The stock was bought at an average price of GBX 7 per share, with a total value of £29,999.97. Also, insider Brett Smith purchased 27,142,856 shares of the stock in a transaction on Monday, December 15th. The shares were purchased at an average price of GBX 7 per share, with a total value of £1,899,999.92. Over the last three months, insiders have bought 31,860,713 shares of company stock valued at $223,024,991. 14.02% of the stock is currently owned by corporate insiders.

First Tin Company Profile

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.