Aterian (LON:ATN) Insider Purchases £26,000 in Stock

Aterian plc (LON:ATN) insider Charles Grant Bray bought 100,000 shares of the stock in a transaction on Tuesday, January 6th. The shares were acquired at an average cost of GBX 26 per share, for a total transaction of £26,000.

Aterian Stock Performance

Shares of LON ATN traded down GBX 1 during mid-day trading on Wednesday, reaching GBX 24. The company’s stock had a trading volume of 138,437 shares, compared to its average volume of 138,588. The stock has a 50-day moving average of GBX 30.58 and a two-hundred day moving average of GBX 34.45. The stock has a market capitalization of £3.72 million, a P/E ratio of -1.58 and a beta of -0.10. Aterian plc has a 1-year low of GBX 20.25 and a 1-year high of GBX 58.

About Aterian

Aterian plc is an LSE-listed exploration and development company with a diversified African portfolio of critical and strategic metals/minerals projects.

Aterian plc is actively seeking to acquire and develop new critical and strategic metal resources to strengthen its existing asset base whilst supporting ethical and sustainable supply chains as the world transitions to a sustainable, renewable future. The supply of these metals is vital for the development of the renewable energy, automotive and electronic manufacturing sectors that are playing an increasing role in reducing carbon emissions and meeting climate ambitions globally.

The Company recently entered into a joint venture agreement with Rio Tinto Mining and Exploration Limited for Rio Tinto to earn into the HCK project in southern Rwanda and holds two further partnerships in Rwanda exploring and developing lithium-tantalum-niobium-tin mining operations.