Cadence Minerals (LON:KDNC) Insider Buys £29,354.68 in Stock

Cadence Minerals Plc (LON:KDNC) insider Kiran Morzaria acquired 733,867 shares of Cadence Minerals stock in a transaction on Wednesday, August 5th. The stock was acquired at an average price of GBX 4 per share, with a total value of £29,354.68.

Cadence Minerals Trading Up 0.9%

Shares of Cadence Minerals stock opened at GBX 5.29 on Friday. The firm has a market cap of £21.89 million, a PE ratio of -10.07 and a beta of 1.80. The stock has a fifty day moving average price of GBX 5.82 and a 200-day moving average price of GBX 5.21. The company has a debt-to-equity ratio of 0.48, a current ratio of 9.29 and a quick ratio of 78.09. Cadence Minerals Plc has a 1 year low of GBX 1.76 and a 1 year high of GBX 8.30.

Cadence Minerals (LON:KDNC) last announced its quarterly earnings data on Monday, June 29th. The company reported GBX (0.53) earnings per share for the quarter. Cadence Minerals had a net margin of 875.38% and a negative return on equity of 9.74%.

Cadence Minerals Company Profile

Cadence Minerals Plc identifies, invests in, and develops rare earth assets. It also explores for iron ore, lithium, and other mining related opportunities. The company holds interests in the Sonora Lithium project located in Northern Mexico; and Yangibana project situated in Gascoyne, Western Australia; and the Amapa Iron Ore project located in Brazil. In addition, it holds interest in Evergreen Lithium project situated in Western Australia; and European Metals Holdings project located in Cinovec.