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

Shares of Tertiary Minerals plc (LON:TYMGet Free Report) were down 7.5% during trading on Tuesday . The stock traded as low as GBX 0.10 and last traded at GBX 0.11. Approximately 157,563,813 shares traded hands during mid-day 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 Trading Down 7.5%

The firm has a market cap of £5.72 million, a price-to-earnings ratio of -5.55 and a beta of -0.50. The firm’s 50 day simple moving average is GBX 0.06 and its two-hundred day simple moving average is GBX 0.05.

Insider Buying and Selling at Tertiary Minerals

In related news, insider Patrick Cheetham purchased 19,157,000 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The stock was acquired at an average cost of GBX 5 per share, for a total transaction of £957,850. Insiders own 4.20% of the company’s stock.

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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