Tertiary Minerals (LON:TYM) Trading Down 7.5% – What’s Next?

Shares of Tertiary Minerals plc (LON:TYMGet Free Report) fell 7.5% during mid-day trading on Tuesday . The stock traded as low as GBX 0.10 and last traded at GBX 0.11. 157,563,813 shares traded hands during mid-day trading, an increase of 31% from the average session volume of 120,395,938 shares. The stock had previously closed at GBX 0.12.

Tertiary Minerals Trading Down 7.5%

The company has a market capitalization of £5.72 million, a price-to-earnings ratio of -5.55 and a beta of -0.50. The stock’s 50 day moving average price is GBX 0.06 and its 200 day moving average price is GBX 0.05.

Insiders Place Their Bets

In other news, insider Patrick Cheetham purchased 19,157,000 shares of the company’s stock in a transaction on Thursday, November 13th. The shares were purchased at an average cost of GBX 5 per share, with a total value of £957,850. 4.20% of the stock is currently owned by corporate insiders.

Tertiary Minerals Company Profile

(Get Free Report)

Tertiary Minerals plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral projects. It explores for base and precious metal, copper, gold, and silver deposits in Zambia and in Nevada. Tertiary Minerals plc was incorporated in 1999 and is headquartered in Macclesfield, the United Kingdom.

Further Reading

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