Tertiary Minerals (LON:TYM) Trading Down 7.5% – Should You Sell?

Tertiary Minerals plc (LON:TYMGet Free Report)’s share price was down 7.5% during trading on Tuesday . The company traded as low as GBX 0.10 and last traded at GBX 0.11. Approximately 157,563,813 shares changed hands during trading, an increase of 31% from the average daily volume of 120,395,938 shares. The stock had previously closed at GBX 0.12.

Tertiary Minerals Stock Down 3.8%

The firm’s fifty day moving average is GBX 0.06 and its two-hundred day moving average is GBX 0.05. The firm has a market cap of £5.21 million, a P/E ratio of -5.05 and a beta of -0.50.

Insider Activity

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

About Tertiary Minerals

(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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