Richard Lloyd Acquires 356,913 Shares of Shuka Minerals (LON:SKA) Stock

Shuka Minerals Plc (LON:SKA) insider Richard Lloyd purchased 356,913 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The stock was bought at an average cost of GBX 280 per share, for a total transaction of £999,356.40.

Richard Lloyd also recently made the following trade(s):

• On Thursday, August 6th, Richard Lloyd acquired 360,000 shares of Shuka Minerals stock. The shares were bought at an average price of GBX 277 per share, with a total value of £997,200.

Shuka Minerals Stock Up 1.1%

SKA opened at GBX 2.83 on Friday. The company has a market cap of £3.71 million, a price-to-earnings ratio of -2.10 and a beta of 1.17. Shuka Minerals Plc has a 52-week low of GBX 2.30 and a 52-week high of GBX 7. The firm’s fifty day simple moving average is GBX 2.86 and its two-hundred day simple moving average is GBX 2.99.

Shuka Minerals (LON:SKA) last released its quarterly earnings results on Tuesday, June 30th. The company reported GBX (1.35) earnings per share for the quarter. Shuka Minerals had a negative return on equity of 20.62% and a negative net margin of 86,907.55%.

Shuka Minerals Company Profile

Shuka Minerals Plc engages in the exploration, development, and mining of energy commodities in Africa. The company primarily explores for coal. Its principal project is the Rukwa project located in Tanzania. Shuka Minerals Plc was formerly known as Edenville Energy Plc and changed its name to Shuka Minerals Plc in August 2023. The company was incorporated in 2004 and is based in Nairobi, Kenya.