Louise Adrian Sells 3,313,274 Shares of Altona Rare Earths Plc (LON:REE) Stock

Altona Rare Earths Plc (LON:REE) insider Louise Adrian sold 3,313,274 shares of Altona Rare Earths stock in a transaction on Friday, August 2nd. The stock was sold at an average price of GBX 2 ($0.03), for a total transaction of £66,265.48 ($84,684.32).

Altona Rare Earths Price Performance

Shares of REE stock opened at GBX 1.60 ($0.02) on Wednesday. The business has a fifty day moving average of GBX 1.37 and a 200 day moving average of GBX 1.49. Altona Rare Earths Plc has a 1 year low of GBX 1 ($0.01) and a 1 year high of GBX 5.34 ($0.07). The firm has a market capitalization of £1.39 million, a price-to-earnings ratio of -53.33 and a beta of -0.25.

Altona Rare Earths Company Profile

Altona Rare Earths Plc, a mining exploration company, focuses on the evaluation, development, and extraction of rare earth element metals in Africa. It has interests in the Monte Muambe Rare Earths Project located in Mozambique. The company formerly known as Altona Energy Plc and changed its name to Altona Rare Earths Plc in February 2021.