Insider Buying: First Tin Plc (LON:1SN) Insider Acquires 1,500,000 Shares of Stock

First Tin Plc (LON:1SNGet Free Report) insider Charles Cannon Brookes bought 1,500,000 shares of the stock in a transaction dated Friday, March 21st. The shares were acquired at an average cost of GBX 6 ($0.08) per share, for a total transaction of £90,000 ($116,519.94).

First Tin Price Performance

Shares of LON:1SN opened at GBX 5.40 ($0.07) on Wednesday. The business’s 50 day simple moving average is GBX 5.05 and its 200 day simple moving average is GBX 5.85. First Tin Plc has a 1 year low of GBX 4 ($0.05) and a 1 year high of GBX 7.70 ($0.10). The company has a market capitalization of £17.20 million, a P/E ratio of -540.00 and a beta of 1.41.

First Tin (LON:1SNGet Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The company reported GBX (0.27) ($0.00) EPS for the quarter.

First Tin Company Profile

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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.

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