Altona Rare Earths Plc (LON:REE – Get Free Report) insider Louise Adrian acquired 546,701 shares of Altona Rare Earths stock in a transaction dated Thursday, January 15th. The shares were acquired at an average price of GBX 2 per share, with a total value of £10,934.02.
Altona Rare Earths Price Performance
Shares of REE opened at GBX 1.26 on Friday. The firm’s 50 day moving average is GBX 1.39 and its 200-day moving average is GBX 1.63. Altona Rare Earths Plc has a 12-month low of GBX 1.05 and a 12-month high of GBX 2.76. The stock has a market capitalization of £4.05 million, a P/E ratio of -2.13 and a beta of -0.15.
Altona Rare Earths (LON:REE – Get Free Report) last issued its earnings results on Monday, October 27th. The company reported GBX (0.59) earnings per share for the quarter.
About Altona Rare Earths
Altona Rare Earth (LSE: REE) is a resource exploration and development company, specializing in Critical Raw Materials exploration and development in Africa.
The Company is currently involved in copper and silver exploration at the Sesana project in the Kalahari Copper Belt of Botswana, in rare earths exploration at the Monte Muambe project in Mozambique, and is also assessing the possibility to rapidly develop a fluorspar mining operation, also at Monte Muambe.
Monte Muambe, a significant REE mining project, is a carbonatite-hosted REE deposit.
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