Cadence Minerals Plc (LON:KDNC) Insider Kiran Morzaria Purchases 1,056,567 Shares

Cadence Minerals Plc (LON:KDNC) insider Kiran Morzaria acquired 1,056,567 shares of Cadence Minerals stock in a transaction on Friday, June 27th. The stock was acquired at an average cost of GBX 2 ($0.03) per share, for a total transaction of £21,131.34 ($28,998.68).

Cadence Minerals Price Performance

Cadence Minerals stock opened at GBX 1.60 ($0.02) on Friday. The company has a debt-to-equity ratio of 5.19, a quick ratio of 78.09 and a current ratio of 4.21. The firm has a market cap of £4.63 million, a P/E ratio of -0.81 and a beta of 2.18. The business’s fifty day moving average is GBX 1.74 and its two-hundred day moving average is GBX 1.79. Cadence Minerals Plc has a 52 week low of GBX 1.40 ($0.02) and a 52 week high of GBX 4.50 ($0.06).

Cadence Minerals (LON:KDNC) last issued its quarterly earnings results on Wednesday, June 18th. The company reported GBX (1.65) (($0.02)) earnings per share (EPS) for the quarter.

Cadence Minerals Company Profile

Cadence Minerals Plc identifies, invests in, and develops rare earth assets. It also explores for iron ore, lithium, and other mining related opportunities. The company holds interests in the Sonora Lithium project located in Northern Mexico; and Yangibana project situated in Gascoyne, Western Australia; and the Amapa Iron Ore project located in Brazil.