Cedric Simonet Purchases 711,712 Shares of Altona Rare Earths (LON:REE) Stock

Posted by Latisha Jones on Jan 15th, 2026

Altona Rare Earths Plc (LON:REE – Get Free Report) insider Cedric Simonet bought 711,712 shares of the stock in a transaction dated Thursday, January 15th. The shares were bought at an average cost of GBX 2 per share, with a total value of £14,234.24.

Altona Rare Earths Price Performance

Shares of LON REE traded down GBX 0.02 during mid-day trading on Thursday, hitting GBX 1.26. The company had a trading volume of 5,230,871 shares, compared to its average volume of 4,591,034. Altona Rare Earths Plc has a 12 month low of GBX 1.05 and a 12 month high of GBX 2.76. The stock has a market cap of £4.05 million, a price-to-earnings ratio of -2.13 and a beta of -0.15. The firm’s 50 day simple moving average is GBX 1.40 and its two-hundred day simple moving average is GBX 1.63.

Altona Rare Earths (LON:REE – Get Free Report) last issued its earnings results on Monday, October 27th. The company reported GBX (0.59) earnings per share for the quarter.

About Altona Rare Earths

(Get Free Report)

Altona Rare Earth (LSE: REE) is a resource exploration and development company, specializing in Critical Raw Materials exploration and development in Africa.

The Company is currently involved in copper and silver exploration at the Sesana project in the Kalahari Copper Belt of Botswana, in rare earths exploration at the Monte Muambe project in Mozambique, and is also assessing the possibility to rapidly develop a fluorspar mining operation, also at Monte Muambe.

Monte Muambe, a significant REE mining project, is a carbonatite-hosted REE deposit.