Altona Rare Earths (LON:REE) Insider Harvey Sinclair Acquires 154,995 Shares

Posted by Trevor Kearing on May 11th, 2026

Altona Rare Earths Plc (LON:REE – Get Free Report) insider Harvey Sinclair bought 154,995 shares of the company’s stock in a transaction on Friday, May 8th. The shares were bought at an average cost of GBX 3 per share, for a total transaction of £4,649.85.

Altona Rare Earths Trading Down 9.4%

Shares of LON REE traded down GBX 0.30 during midday trading on Monday, reaching GBX 2.90. The company had a trading volume of 34,511,957 shares, compared to its average volume of 16,243,961. Altona Rare Earths Plc has a 1 year low of GBX 1.10 and a 1 year high of GBX 4.78. The business’s 50-day simple moving average is GBX 3.45 and its 200 day simple moving average is GBX 2.27. The stock has a market cap of £12.88 million, a P/E ratio of -6.92 and a beta of 1.26.

Altona Rare Earths (LON:REE – Get Free Report) last issued its earnings results on Thursday, March 26th. The company reported GBX (0.16) earnings per share (EPS) for the quarter.

Altona Rare Earths Company Profile

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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.