Rumble Resources Ltd (ASX:RTR) shares traded down 5.9% during mid-day trading on Monday . The stock traded as low as A$0.08 ($0.06) and last traded at A$0.08 ($0.06), 317,553 shares were traded during trading. A decline of 43% from the average session volume of 560,838 shares. The stock had previously closed at A$0.09 ($0.06).
The firm has a 50 day moving average of A$0.08 and a 200-day moving average of A$0.06. The stock has a market capitalization of $35.40 million and a P/E ratio of -16.00.
In related news, insider Matthew Banks 1,000,000 shares of Rumble Resources stock in a transaction dated Friday, July 26th.
Rumble Resources Limited engages in the acquisition, exploration, and evaluation of base and precious metal projects in Australia and Canada. The company explores for zinc, lead, copper, silver, vanadium, gold, nickel, and cobalt deposits, as well as platinum-group metals. Its flagship property is the Braeside project comprising approximately 1,000 square kilometers located on the eastern margin of the Pilbara Craton in the northwest of Western Australia.
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