Majedie Investments (LON:MAJE) Issues Earnings Results

Majedie Investments (LON:MAJEGet Free Report) posted its earnings results on Thursday. The company reported GBX (0.30) earnings per share for the quarter, Digital Look Earnings reports. Majedie Investments had a net margin of 69.99% and a return on equity of 7.92%. The firm had revenue of GBX 41 million during the quarter.

Majedie Investments Stock Up 3.7%

MAJE stock opened at GBX 307 on Thursday. The company has a market cap of £162.71 million, a price-to-earnings ratio of 13.58 and a beta of 0.72. The business has a fifty day simple moving average of GBX 280.70 and a 200-day simple moving average of GBX 273.85. Majedie Investments has a 52 week low of GBX 228 and a 52 week high of GBX 307.

About Majedie Investments

(Get Free Report)

Majedie Investments PLC is an investment trust founded in 1910 and managed by Marylebone Partners LLP.

Marylebone Partners combines investments from three complementary strategies sourced from around the globe into a single portfolio comprising hard-to-access special investments, external niche manager allocations and investments in publicly-listed companies. Its focus on differentiated return sources provides a degree of risk diversification without diluting return potential.

Opportunities come from the skilled investment team and Marylebone’s global network of managers, practitioners and investors.

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