Tertiary Minerals (LON:TYM) Shares Cross Below 200-Day Moving Average – Time to Sell?

Tertiary Minerals plc (LON:TYMGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.05 and traded as low as GBX 0.05. Tertiary Minerals shares last traded at GBX 0.06, with a volume of 42,206,121 shares changing hands.

Tertiary Minerals Price Performance

The business’s fifty day moving average price is GBX 0.06 and its two-hundred day moving average price is GBX 0.05. The stock has a market capitalization of £3.04 million, a PE ratio of -2.95 and a beta of -0.50.

Insiders Place Their Bets

In other news, insider Patrick Cheetham acquired 19,157,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were acquired at an average cost of GBX 5 per share, with a total value of £957,850. Insiders own 4.20% of the company’s stock.

Tertiary Minerals Company Profile

(Get Free Report)

Tertiary Minerals plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral projects. It explores for base and precious metal, copper, gold, and silver deposits in Zambia and in Nevada. Tertiary Minerals plc was incorporated in 1999 and is headquartered in Macclesfield, the United Kingdom.

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