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The latest update is out from First Tin Plc ( (GB:1SN) ).
First Tin PLC announced that Charles Cannon Brookes, the Non-Executive Chairman, on behalf of Arlington Group Asset Management Limited, purchased 1,000,000 shares in the company at 5.0 pence per share. This transaction increases Arlington Group’s stake to 10.55% of First Tin’s issued share capital. This move reflects confidence in First Tin’s strategic positioning in the tin market, which is crucial for supporting clean energy and technological advancements amid a global tin supply deficit.
More about First Tin Plc
First Tin PLC is an ethical and sustainable tin production company focused on developing high-value, low-capex tin assets in Germany and Australia. The company aims to become a leading tin supplier in conflict-free, low political risk areas, addressing the critical metal shortage needed for global decarbonization and electrification efforts.
YTD Price Performance: -3.51%
Average Trading Volume: 298,382
Technical Sentiment Signal: Buy
Current Market Cap: £24.85M
For detailed information about 1SN stock, go to TipRanks’ Stock Analysis page.