Insider Buying: Griffin Mining Ltd (GFM) Insider Acquires 10,000 Shares of Stock
Griffin Mining Ltd (LON:GFM) insider Adam Usdan bought 10,000 shares of the stock in a transaction on Wednesday, November 23rd. The stock was acquired at an average price of GBX 49 ($0.61) per share, with a total value of £4,900 ($6,078.65).
Shares of Griffin Mining Ltd (LON:GFM) traded up 2.792% during midday trading on Monday, reaching GBX 50.625. The company’s stock had a trading volume of 334,470 shares. Griffin Mining Ltd has a 12-month low of GBX 19.85 and a 12-month high of GBX 50.84. The company’s market capitalization is GBX 90.64 million. The company’s 50-day moving average price is GBX 46.43 and its 200 day moving average price is GBX 37.50.
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Separately, Panmure Gordon reiterated an “under review” rating on shares of Griffin Mining in a report on Thursday, August 11th.
Griffin Mining Company Profile
Griffin Mining Limited is a mining and investment company. The Company’s business segment is Caijiaying zinc gold mine in the People’s Republic of China. The Company is engaged in exploring, expanding and developing the Caijiaying Mine. The Company, through its subsidiary, Hebei Hua Ao Mining Industry Company Limited (Hebei Hua Ao), holds approximately 9.9 square kilometers of mining and exploration licenses and the mine and processing facilities at Caijiaying in the People’s Republic of China (the Caijiaying Mine).
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