Highfield Resources Ltd (ASX:HFR) shares traded down 2.4% on Thursday . The company traded as low as A$0.82 ($0.58) and last traded at A$0.82 ($0.58), 50,702 shares were traded during trading. A decline of 60% from the average session volume of 126,148 shares. The stock had previously closed at A$0.84 ($0.60).
The stock has a market capitalization of $270.21 million and a PE ratio of -63.08. The business’s fifty day moving average price is A$0.88 and its two-hundred day moving average price is A$0.76.
In other Highfield Resources news, insider Peter Albert 2,933,040 shares of the firm’s stock in a transaction on Friday, June 21st.
Highfield Resources Limited engages in the exploration and development of potash mineral properties in Spain. The company holds 100% interests in the Muga, Vipasca, Pintano, Izaga, and Sierra del Perdón potash projects, which are located in the Ebro potash producing basin in Northern Spain covering a project area of approximately 550 square kilometers.
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