Tertiary Minerals (LON:TYM) Trading Down 14.3% – Should You Sell?

Shares of Tertiary Minerals plc (LON:TYMGet Free Report) dropped 14.3% during trading on Thursday . The company traded as low as GBX 0.06 and last traded at GBX 0.06. Approximately 19,201,068 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 43,622,672 shares. The stock had previously closed at GBX 0.07.

Tertiary Minerals Stock Performance

The firm has a market cap of £4.12 million, a P/E ratio of -4.00 and a beta of -0.50. The business’s 50-day simple moving average is GBX 0.05 and its 200 day simple moving average is GBX 0.05.

Insider Activity

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

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.

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