Tertiary Minerals (LON:TYM) Stock Price Down 13.2% – Here’s What Happened

Tertiary Minerals plc (LON:TYM) traded down 13.2% on Tuesday . The company traded as low as GBX 0.05 and last traded at GBX 0.05. 9,008,495 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 44,518,961 shares. The stock had previously closed at GBX 0.05.

Tertiary Minerals Price Performance

The company has a market capitalization of £2.37 million, a P/E ratio of -2.30 and a beta of -0.50. The stock has a 50-day moving average price of GBX 0.06 and a 200-day moving average price of GBX 0.05.

Insider Transactions at Tertiary Minerals

In other news, insider Patrick Cheetham purchased 19,157,000 shares of the 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. Insiders own 4.20% of the company’s stock.

About Tertiary Minerals

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.