Altona Rare Earths Plc (LON:REE – Get Free Report) shares were up 7.5% during trading on Monday . The company traded as high as GBX 4.30 and last traded at GBX 4.30. Approximately 14,144,861 shares traded hands during trading, a decline of 13% from the average daily volume of 16,288,331 shares. The stock had previously closed at GBX 4.
Altona Rare Earths Stock Performance
The company has a 50 day simple moving average of GBX 3.19 and a two-hundred day simple moving average of GBX 2.12. The firm has a market cap of £18.02 million, a PE ratio of -10.03 and a beta of 0.99.
Altona Rare Earths (LON:REE – Get Free Report) last announced its quarterly earnings data on Thursday, March 26th. The company reported GBX (0.16) earnings per share (EPS) for the quarter.
About Altona Rare Earths
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.
See Also
Receive News & Ratings for Altona Rare Earths Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altona Rare Earths and related companies with MarketBeat.com's FREE daily email newsletter.
