Tertiary Minerals (LON:TYM) Shares Up 22.2% – Should You Buy?

Tertiary Minerals plc (LON:TYM)’s share price traded up 22.2% during mid-day trading on Wednesday . The company traded as high as GBX 0.08 and last traded at GBX 0.08. 46,684,691 shares were traded during trading, an increase of 2% from the average session volume of 45,564,559 shares. The stock had previously closed at GBX 0.06.

Tertiary Minerals Stock Up 14.3%

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

Insider Activity at Tertiary Minerals

In other news, insider Patrick Cheetham purchased 19,157,000 shares of the company’s stock in a transaction that occurred on Thursday, November 13th. The shares were acquired 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

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.