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An update from First Tin Plc ( (GB:1SN) ) is now available.
First Tin PLC announced that Metals X Limited, associated with two of its Non-Executive Directors, has acquired 27,142,857 shares, representing a 29.95% stake in the company. This transaction highlights the confidence in First Tin’s strategic direction and its potential impact on the tin market, particularly as the company aims to supply tin in a market facing sustained deficits.
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 tin supplier in conflict-free, low political risk jurisdictions, addressing the critical metal’s rising demand due to its importance in decarbonization and electrification efforts.
Average Trading Volume: 477,844
Technical Sentiment Signal: Buy
Current Market Cap: £40.67M
For an in-depth examination of 1SN stock, go to TipRanks’ Overview page.