Key Points
- Insider purchase: Phil Povey bought 2,995,305 shares of Tungsten West on Dec. 31 at an average price of GBX 3 per share, a transaction valued at £89,859.15.
- Tungsten West has a market cap of £20.95 million and reported quarterly EPS of GBX (21.40) with a negative net margin of 1,343.41%, while the company is focused on restarting the Hemerdon mine, the world's third-largest tungsten resource.
Tungsten West PLC (LON:TUN - Get Free Report) insider Phil Povey bought 2,995,305 shares of the firm's stock in a transaction that occurred on Wednesday, December 31st. The shares were acquired at an average price of GBX 3 per share, with a total value of £89,859.15.
Tungsten West Stock Performance
Shares of LON TUN opened at GBX 11.10 on Tuesday. Tungsten West PLC has a 12 month low of GBX 2.50 and a 12 month high of GBX 15. The company has a market cap of £20.95 million, a P/E ratio of -0.93 and a beta of -0.60. The business's 50 day moving average is GBX 10.70 and its two-hundred day moving average is GBX 10.02. The company has a quick ratio of 7.04, a current ratio of 0.33 and a debt-to-equity ratio of 63.33.
Tungsten West (LON:TUN - Get Free Report) last posted its quarterly earnings data on Wednesday, December 24th. The company reported GBX (21.40) earnings per share for the quarter. Tungsten West had a negative net margin of 1,343.41% and a negative return on equity of 44.58%.
About Tungsten West
(
Get Free Report)
Tungsten West Plc is a UK based company focussed on recommencing production at the Hemerdon tungsten and tin mine in Devon, England.
The Hemerdon mine is the world's third largest Tungsten resource. The mine has had over £170m spent on it via the previous operator, with first production expected in 2022 and a mine life of 18.5 years. The Company is focused on rebuilding and restarting the mine to supply two critically important strategic minerals in tungsten and tin both domestically and globally.
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