First Tin (LON:1SN) Trading Up 6.7% – Should You Buy?

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

First Tin Price Performance

The business has a 50 day simple moving average of GBX 5.02 and a 200 day simple moving average of GBX 5.89. The stock has a market cap of £17.84 million, a PE ratio of -560.00 and a beta of 1.41.

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

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.