Adam Usdan Purchases 100,000 Shares of Griffin Mining Ltd (LON:GFM) Stock

Griffin Mining Ltd (LON:GFM) insider Adam Usdan acquired 100,000 shares of the stock in a transaction on Monday, March 23rd. The shares were purchased at an average price of GBX 32 ($0.42) per share, for a total transaction of £32,000 ($42,094.19).

Adam Usdan also recently made the following trade(s):

  • On Friday, March 20th, Adam Usdan bought 20,000 shares of Griffin Mining stock. The stock was acquired at an average price of GBX 35 ($0.46) per share, with a total value of £7,000 ($9,208.10).

Shares of Griffin Mining stock opened at GBX 38 ($0.50) on Friday. The stock has a 50-day moving average price of GBX 51.99 and a 200 day moving average price of GBX 71.06. The company has a market cap of $65.66 million and a P/E ratio of 5.35. The company has a current ratio of 0.93, a quick ratio of 0.80 and a debt-to-equity ratio of 0.45. Griffin Mining Ltd has a 1 year low of GBX 43 ($0.57) and a 1 year high of GBX 118.50 ($1.56).

Separately, Panmure Gordon decreased their target price on Griffin Mining from GBX 96 ($1.26) to GBX 47 ($0.62) and set a “sell” rating for the company in a research report on Friday, February 7th.

Griffin Mining Company Profile

Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company explores for zinc, gold, silver, lead, and base and precious metal deposits. Its principal property is the Caijiaying mine located in Hebei Province, the People's Republic of China.

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