Market Performance of Tungsten West on 21 October 2026

In the 24‑hour trading window that closed at 01:56 AM Central Europe on Wednesday, 21 October 2026, the shares of Tungsten West Plc (TUN.L) slipped by 5.19 %. At the time of writing, one share is available on the London Stock Exchange for approximately GBX 34.6. The company’s shares are in circulation at a supply of 16 million and it currently enjoys a market capitalisation of GBX 772.6 million. The trading volume over the preceding 24 hours reached GBX 121 million, a figure that reflects a modest yet noticeable demand for the stock.

The decline since the end of the previous month has been more pronounced, with a 17.98 % drop in the share price. Technical analysis indicates that the 200‑day simple moving average sits at GBX 35.75, suggesting that the recent slide has pushed the price below this long‑term mean. Over the past 52 weeks, Tungsten West’s share price has ranged from a high of GBX 52.6 on 1 September 2026 to a low of GBX 7.5 on 9 December 2025, underscoring the volatility that has characterised the firm’s performance in the current market environment.

Comparative Performance of Peer Stocks

The broader market has provided a context for Tungsten West’s movement. Over the same 24‑hour period, the following peer stocks have exhibited varied performance:

  • Costain (COST.L): Up 0.4 %, now trading at GBX 252. Market capitalisation stands at GBX 894.8 million, with a price‑to‑earnings ratio of 18.13.
  • Young & ‘S Brewery (YNGA.L): Up 3.99 %, now trading at GBX 1,166. Market capitalisation is GBX 923.3 million, and its price‑to‑earnings ratio is 25.37.
  • Everplay (TM17.L): Down 0.59 %, now trading at GBX 435.5. Market capitalisation is GBX 854.1 million, with a price‑to‑earnings ratio of 40.55.
  • Aep Plantations (AEP.L): Down 4.22 %, now trading at GBX 174. Market capitalisation is GBX 882.5 million, and its price‑to‑earnings ratio is 9.88.
  • Dr Martens (DOCS.L): Down 1.6 %, now trading at GBX 67.2. Market capitalisation is GBX 878.1 million, with a price‑to‑earnings ratio of 30.54.

These figures illustrate the diversity of performance within the sector, with some peers gaining momentum while others are experiencing declines.

Company Profile

Tungsten West Plc is a specialist tungsten mining company that prioritises advanced research into the mineralogy and metallurgy of its deposits. With a global customer base, the firm positions itself as a key supplier of high‑grade tungsten for a variety of industrial applications. The company’s website, www.tungstenwest.com , provides detailed information on its operations, investment strategy, and sustainability initiatives. Listed on the London Stock Exchange, Tungsten West continues to attract investor attention amid a fluctuating commodity market.