Mineral & Financial Investments (LON:MAFL) Shares Up 9.1% – Here’s Why

Mineral & Financial Investments Limited (LON:MAFLGet Free Report) shares shot up 9.1% during mid-day trading on Thursday . The stock traded as high as GBX 36 and last traded at GBX 36. 107,720 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 113,052 shares. The stock had previously closed at GBX 33.

Mineral & Financial Investments Price Performance

The company has a quick ratio of 49.36, a current ratio of 57.58 and a debt-to-equity ratio of 0.09. The company has a market cap of £13.27 million, a price-to-earnings ratio of 5.07 and a beta of 0.75. The stock’s 50-day simple moving average is GBX 32.56 and its 200 day simple moving average is GBX 26.86.

Insider Activity at Mineral & Financial Investments

In other news, insider James Lesser sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of GBX 33, for a total value of £8,250. Corporate insiders own 44.69% of the company’s stock.

Mineral & Financial Investments Company Profile

(Get Free Report)

Mineral & Financial Investments Limited, an investment company, invests in natural resources, minerals, metals, and oil and gas projects in the Cayman Islands. The company is based in Grand Cayman, the Cayman Islands.

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