Shuka Minerals (LON:SKA – Get Free Report) issued its earnings results on Wednesday. The company reported GBX (0.33) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Shuka Minerals had a negative return on equity of 20.62% and a negative net margin of 86,907.55%.
Shuka Minerals Price Performance
LON SKA opened at GBX 3.50 on Wednesday. The company has a market cap of £5.03 million, a P/E ratio of -2.59 and a beta of 1.19. Shuka Minerals has a 12 month low of GBX 2.30 and a 12 month high of GBX 7. The company has a 50-day moving average of GBX 3.17 and a 200-day moving average of GBX 2.95.
Insider Activity at Shuka Minerals
In other news, insider Richard Lloyd purchased 356,913 shares of the company’s stock in a transaction 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. 58.06% of the stock is currently owned by insiders.
About Shuka Minerals
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.
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