Trident Royalties (LON:TRR) Trading 2.3% Higher

Shares of Trident Royalties Plc (LON:TRR) traded up 2.3% on Friday . The company traded as high as GBX 36 ($0.45) and last traded at GBX 35.50 ($0.45). 2,418,993 shares traded hands during trading, an increase of 416% from the average session volume of 468,506 shares. The stock had previously closed at GBX 34.70 ($0.44).

Trident Royalties Trading Up 2.3 %

The company has a debt-to-equity ratio of 38.59, a quick ratio of 8.87 and a current ratio of 9.45. The firm has a market cap of £104.04 million, a price-to-earnings ratio of -4,357.40 and a beta of 0.39. The business has a fifty day simple moving average of GBX 34.76 and a 200-day simple moving average of GBX 34.42.

Insider Activity

In other Trident Royalties news, insider Albert Gourley bought 350,000 shares of Trident Royalties stock in a transaction on Monday, March 18th. The shares were purchased at an average cost of GBX 36 ($0.45) per share, with a total value of £126,000 ($158,271.57). In related news, insider Richard John Hughes purchased 50,000 shares of the firm’s stock in a transaction dated Thursday, March 21st. The stock was bought at an average price of GBX 34 ($0.43) per share, with a total value of £17,000 ($21,354.10). Also, insider Albert Gourley acquired 350,000 shares of the stock in a transaction dated Monday, March 18th. The shares were bought at an average price of GBX 36 ($0.45) per share, with a total value of £126,000 ($158,271.57). Insiders bought 473,040 shares of company stock valued at $16,856,400 over the last quarter. 11.35% of the stock is owned by company insiders.

About Trident Royalties

Trident Royalties Plc operates as a diversified mining royalty and streaming company. The company operates through Precious, Bulk Battery, Metals, and Base segments. Its portfolio consists of gold, copper, silver, lithium, and iron ore. The company's activities located in the United Kingdom, Australia, the United States, Zambia, Peru, Canada, South Africa, Mexico, Brazil, and Kenya.