OM (ASX:OMH) Stock Price Down 1.9%

Shares of OM Holdings Limited (ASX:OMH) fell 1.9% during mid-day trading on Friday . The stock traded as low as A$0.52 ($0.37) and last traded at A$0.52 ($0.37), 453,115 shares changed hands during mid-day trading. The stock had previously closed at A$0.53 ($0.38).

The stock has a market cap of $384.08 million and a price-to-earnings ratio of 3.23. The company has a current ratio of 1.55, a quick ratio of 0.38 and a debt-to-equity ratio of 101.76. The stock’s fifty day simple moving average is A$0.76.

The company also recently announced a Interim dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 29th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a yield of 1.92%. OM’s payout ratio is 12.42%.

In other news, insider Ngee Low bought 53,925 shares of the company’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were acquired at an average price of A$0.85 ($0.60) per share, for a total transaction of A$45,782.33 ($32,469.73).

About OM (ASX:OMH)

OM Holdings Limited, an investment holding company, engages in mining, smelting, trading, and marketing ores and ferroalloys. The company operates through Mining, Smelting, and Marketing and Trading segments. It owns Bootu Creek manganese mine located in the Northern territory of Australia. The company also provides manganese ferroalloys, ferrosilicon, and manganese sinter ore.

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