Trident Royalties (LON:TRR) Trading 2.3% Higher

Shares of Trident Royalties Plc (LON:TRR) were up 2.3% on Friday . The stock traded as high as GBX 36 ($0.45) and last traded at GBX 35.50 ($0.45). Approximately 2,418,993 shares changed hands during trading, an increase of 416% from the average daily volume of 468,506 shares. The stock had previously closed at GBX 34.70 ($0.44).

Trident Royalties Trading Up 2.3 %

The business has a 50 day simple moving average of GBX 34.76 and a 200-day simple moving average of GBX 34.42. The stock has a market capitalization of £104.04 million, a price-to-earnings ratio of -4,357.40 and a beta of 0.39. The company has a debt-to-equity ratio of 38.59, a current ratio of 9.45 and a quick ratio of 8.87.

Insider Activity

In other Trident Royalties news, insider Albert Gourley bought 350,000 shares of the stock in a transaction that occurred on Monday, March 18th. The stock was acquired at an average cost of GBX 36 ($0.45) per share, with a total value of £126,000 ($158,271.57). In other news, insider Richard John Hughes purchased 50,000 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were purchased at an average price of GBX 34 ($0.43) per share, with a total value of £17,000 ($21,354.10). Also, insider Albert Gourley acquired 350,000 shares of Trident Royalties stock in a transaction dated Monday, March 18th. The shares were purchased at an average cost of GBX 36 ($0.45) per share, with a total value of £126,000 ($158,271.57). Insiders have acquired 473,040 shares of company stock worth $16,856,400 in the last 90 days. Corporate insiders own 11.35% of the company’s stock.

Trident Royalties Company Profile

Trident Royalties Plc operates as a diversified mining royalty and streaming company. The company operates through Precious, Bulk Battery, Metals, and Base segments. Its portfolio consists of gold, copper, silver, lithium, and iron ore. The company's activities located in the United Kingdom, Australia, the United States, Zambia, Peru, Canada, South Africa, Mexico, Brazil, and Kenya.