Cornish Metals (LON:CUSN) Stock Price Down 8.5%

Cornish Metals Inc. (LON:CUSNGet Free Report)’s stock price fell 8.5% during mid-day trading on Tuesday . The company traded as low as GBX 10 ($0.13) and last traded at GBX 10.25 ($0.13). 323,947 shares changed hands during mid-day trading, an increase of 66% from the average session volume of 194,748 shares. The stock had previously closed at GBX 11.20 ($0.14).

Cornish Metals Stock Performance

The company has a market cap of £53.96 million, a price-to-earnings ratio of 1,150.00 and a beta of 2.40. The firm has a fifty day moving average price of GBX 9.93 and a 200 day moving average price of GBX 11.26.

About Cornish Metals

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Cornish Metals Inc engages in the acquisition, evaluation, exploration, and development of mineral properties in the United Kingdom. The company primarily explores for tin, tungsten, zinc, silver, nickel, lithium, and copper deposits. Its flagship projects are the South Crofty project comprising an underground mine permission area that covers 1,490 hectares located in the Central Mining District of Cornwall, the United Kingdom; and the United Downs exploration project located within the historic Gwennap copper and tin mining district in Cornwall, the United Kingdom.

Further Reading

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