Aminex plc (LON:AEX) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.92 and traded as low as $0.77. Aminex shares last traded at $0.77, with a volume of 1,024,305 shares changing hands.
The business’s fifty day moving average is GBX 0.91. The company has a market capitalization of $29.22 million and a price-to-earnings ratio of -0.60.
In related news, insider Jay Bhattacherjee acquired 484,376 shares of the business’s stock in a transaction on Tuesday, April 30th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £4,843.76 ($6,329.23).
About Aminex (LON:AEX)
Aminex PLC, through its subsidiaries, explores for, develops, and produces oil and gas reserves primarily in Tanzania and Europe. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its property portfolio includes the Ruvuma, Kiliwani North, and Nyuni exploration licenses located in Tanzania; and the Valeni and Viktorovka oil and gas fields in the Republic of Moldova.
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