Louise Adrian Purchases 546,701 Shares of Altona Rare Earths (LON:REE) Stock

Altona Rare Earths Plc (LON:REEGet Free Report) insider Louise Adrian purchased 546,701 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was purchased at an average cost of GBX 2 per share, with a total value of £10,934.02.

Altona Rare Earths Price Performance

REE opened at GBX 1.26 on Friday. The firm has a market capitalization of £4.06 million, a P/E ratio of -2.14 and a beta of -0.15. Altona Rare Earths Plc has a one year low of GBX 1.05 and a one year high of GBX 2.76. The company has a fifty day moving average price of GBX 1.38 and a 200-day moving average price of GBX 1.62.

Altona Rare Earths (LON:REEGet Free Report) last posted its quarterly earnings data on Monday, October 27th. The company reported GBX (0.59) earnings per share (EPS) for the quarter.

About Altona Rare Earths

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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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