Insider Buying: Ironveld Plc (LON:IRON) Insider Buys 2,500,000 Shares of Stock

Ironveld Plc (LON:IRON – Get Free Report) insider John Wardle acquired 2,500,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 12th. The stock was purchased at an average price of GBX 2,775 ($35.70) per share, for a total transaction of £69,375,000 ($89,251,254.34).

Ironveld Trading Up 1.8 %

Shares of IRON stock opened at GBX 0.29 ($0.00) on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.29 and a current ratio of 2.53. Ironveld Plc has a 52-week low of GBX 0.24 ($0.00) and a 52-week high of GBX 0.40 ($0.01). The company has a market capitalization of £10.38 million, a PE ratio of -2.95 and a beta of 0.21. The business’s fifty day moving average is GBX 0.33 and its 200 day moving average is GBX 0.33.

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Ironveld Company Profile

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Ironveld Plc, an exploration and development company, engages in mining, exploring, processing, and smelting vanadiferous and titaniferous magnite. The company owns an interest in the iron, vanadium, and titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa.

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