Armadale Capital PLC (ACP) Insider Nicholas Johansen Purchases 500,000 Shares
Armadale Capital PLC (LON:ACP) insider Nicholas Johansen bought 500,000 shares of the stock in a transaction on Tuesday, October 18th. The shares were bought at an average cost of GBX 31 ($0.38) per share, with a total value of £155,000 ($188,909.20).
Shares of Armadale Capital PLC (LON:ACP) traded down 1.600% during mid-day trading on Wednesday, hitting GBX 3.075. 1,392,273 shares of the stock traded hands. The company’s market cap is GBX 2.93 million. The stock has a 50 day moving average price of GBX 2.57 and a 200-day moving average price of GBX 2.32. Armadale Capital PLC has a one year low of GBX 1.19 and a one year high of GBX 6.73.
Separately, Beaufort Securities reissued a “speculative buy” rating on shares of Armadale Capital PLC in a research report on Friday, June 24th.
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Armadale Capital PLC Company Profile
Armadale Capital Plc is a United Kingdom-based company focused on investing in and developing a portfolio of investments, targeting natural resources in Africa and related sectors. The Company holds an 80% interest in the Mpokoto Gold Project, which is located in the western part of the Katanga Province approximately 250 kilometers west of Kolwezi in the south west of the Democratic Republic of Congo and approximately 25 kilometers from the Zambian border.
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