OM (ASX:OMH) Trading Down 1.9%

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

The company has a quick ratio of 0.38, a current ratio of 1.55 and a debt-to-equity ratio of 101.76. The stock has a market capitalization of $384.08 million and a price-to-earnings ratio of 3.23. The business has a 50-day moving average price of A$0.76.

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

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

OM Company Profile (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.

Recommended Story: What is meant by a buy rating?

Receive News & Ratings for OM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OM and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit