Empire Metals Limited (LON:EEE – Get Free Report) rose 4.2% during trading on Thursday . The stock traded as high as GBX 8.10 ($0.10) and last traded at GBX 7.76 ($0.10). Approximately 3,369,120 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 5,018,731 shares. The stock had previously closed at GBX 7.45 ($0.09).
Empire Metals Price Performance
The firm has a market cap of £46.11 million, a PE ratio of -167.50 and a beta of 1.73. The stock’s fifty day moving average price is GBX 8.23 and its 200-day moving average price is GBX 8.35.
Insider Activity
In related news, insider Shaun Bunn bought 100,000 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were bought at an average price of GBX 10 ($0.12) per share, with a total value of £10,000 ($12,351.78). Corporate insiders own 19.28% of the company’s stock.
Empire Metals Company Profile
Empire Metals Limited engages in the exploration and development of properties in the United Kingdom, Australia, and Austria. The company mainly explores for copper, gold, and other high-value minerals. principal property is 75% owned the Eclipse-Gindalbie Project located to the north of Kalgoorlie, Western Australia; and holds 70% interest in the Pitfield Project comprising four granted exploration licenses covering 1,042 square kilometers located to the north of Perth, Western Australia.
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