Tertiary Minerals (LON:TYM) Trading Up 9.4% After Insider Buying Activity

Shares of Tertiary Minerals plc (LON:TYMGet Free Report) traded up 9.4% during mid-day trading on Friday following insider buying activity. The stock traded as high as GBX 0.06 and last traded at GBX 0.06. 85,362,961 shares traded hands during trading, an increase of 85% from the average session volume of 46,266,059 shares. The stock had previously closed at GBX 0.05.

Specifically, insider Patrick Cheetham purchased 19,157,000 shares of the firm’s stock in a transaction on Thursday, November 13th. The stock was purchased at an average price of GBX 5 per share, for a total transaction of £957,850.

Tertiary Minerals Price Performance

The firm has a market capitalization of £2.97 million, a price-to-earnings ratio of -2.90 and a beta of -0.50. The business’s 50-day moving average price is GBX 0.06 and its 200 day moving average price is GBX 0.05.

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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