Cornish Metals Inc. (LON:CUSN – Get Free Report) shares dropped 6.3% on Thursday . The company traded as low as GBX 6 ($0.08) and last traded at GBX 6 ($0.08). Approximately 746,361 shares changed hands during trading, a decline of 23% from the average daily volume of 968,881 shares. The stock had previously closed at GBX 6.40 ($0.08).
Cornish Metals Trading Down 10.2 %
The firm has a 50-day moving average of GBX 8.09 and a 200-day moving average of GBX 9.16. The stock has a market capitalization of £30.78 million, a price-to-earnings ratio of 1,150.00 and a beta of 2.52.
About Cornish Metals
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.
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