Stavely Minerals Ltd (ASX:SVY)’s stock price shot up 0.9% on Thursday . The stock traded as high as A$1.23 ($0.87) and last traded at A$1.15 ($0.82), 875,387 shares were traded during trading. The stock had previously closed at A$1.14 ($0.81).
The firm’s fifty day moving average price is A$0.82 and its two-hundred day moving average price is A$0.40. The stock has a market capitalization of $221.14 million and a PE ratio of -20.88.
In related news, insider Christopher (Chris) Cairns 6,000,000 shares of the company’s stock in a transaction that occurred on Monday, September 9th.
Stavely Minerals Company Profile (ASX:SVY)
Stavely Minerals Limited, a mineral exploration company, acquires and explores early to advanced stage mineral projects in Australia. The company primarily explores for copper, gold, zinc, and silver deposits. Its flagship projects include the Ararat and Stavely projects that are located to the east of the regional town of Glenthompson and west of the regional centre of Ararat, Victoria.
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