Amigo (LON:AMGO) Insider Acquires 363,094 Shares of Stock

Key Points

  • Insider Nicholas Beal purchased 363,094 Amigo shares at an average price of GBX 3, for a total investment of approximately £10,893.
  • Amigo shares were up 1.8%, opening at GBX 2.80, with a 52-week trading range of GBX 0.20 to GBX 3.50.
  • The company has a market capitalization of about £37.2 million and a high debt-to-equity ratio of 85.71, while reporting a current ratio of 1.40.

Amigo Holdings PLC (LON:AMGO - Get Free Report) insider Nicholas Beal purchased 363,094 shares of the firm's stock in a transaction on Tuesday, September 29th. The stock was bought at an average price of GBX 3 per share, with a total value of £10,892.82.

Amigo Stock Up 1.8%

Shares of LON:AMGO opened at GBX 2.80 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.40 and a debt-to-equity ratio of 85.71. Amigo Holdings PLC has a 52-week low of GBX 0.20 and a 52-week high of GBX 3.50. The company has a 50 day moving average of GBX 2.44 and a two-hundred day moving average of GBX 2.48. The company has a market capitalization of £37.23 million, a price-to-earnings ratio of -0.13, a price-to-earnings-growth ratio of 0.90 and a beta of 2.07.

About Amigo

(Get Free Report)

Amigo Resources PLC (LSE:AMGO) is focused on gold and rare earth mining opportunities in Africa, principally in Tanzania and Mauritania,

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