Rainbow Rare Earths Ltd (LON:RBW) insider Adonis Pouroulis sold 1,626,016 shares of the firm’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of GBX 10 ($0.13), for a total transaction of £162,601.60 ($212,467.79).
Adonis Pouroulis also recently made the following trade(s):
- On Tuesday, June 25th, Adonis Pouroulis acquired 500,000 shares of Rainbow Rare Earths stock. The shares were purchased at an average cost of GBX 10 ($0.13) per share, for a total transaction of £50,000 ($65,333.86).
Shares of LON:RBW traded down GBX 0.02 ($0.00) on Thursday, hitting GBX 2.95 ($0.04). The company had a trading volume of 653,139 shares, compared to its average volume of 359,313. Rainbow Rare Earths Ltd has a 1-year low of GBX 1.55 ($0.02) and a 1-year high of GBX 16 ($0.21). The company has a market cap of $6.38 million and a PE ratio of -1.02. The stock’s 50 day moving average is GBX 4.57. The company has a current ratio of 0.28, a quick ratio of 0.10 and a debt-to-equity ratio of 10.28.
About Rainbow Rare Earths
Rainbow Rare Earths Limited, a mining company, engages in the exploration, evaluation, development, and production of rare earth properties. It primarily holds a 90% interest in the Gakara project covering an area of approximately 135 km2 located in Western Burundi. The company was founded in 2011 and is headquartered in London, the United Kingdom.
Further Reading: What is the Ex-Dividend Date in Investing?
Receive News & Ratings for Rainbow Rare Earths Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rainbow Rare Earths and related companies with MarketBeat.com's FREE daily email newsletter.