Shares of Kazera Global plc (LON:KZG – Get Free Report) were up 2.5% during mid-day trading on Friday following insider buying activity. The stock traded as high as GBX 1.25 ($0.02) and last traded at GBX 1.18 ($0.02). Approximately 6,065,505 shares changed hands during trading, an increase of 31% from the average daily volume of 4,618,384 shares. The stock had previously closed at GBX 1.15 ($0.02).
Specifically, insider Dennis Edmonds acquired 850,000 shares of the company’s stock in a transaction dated Wednesday, September 4th. The shares were bought at an average price of GBX 1 ($0.01) per share, for a total transaction of £8,500 ($11,176.86).
Kazera Global Stock Performance
The company has a 50 day moving average price of GBX 0.60 and a 200 day moving average price of GBX 0.54. The company has a market capitalization of £10.77 million, a PE ratio of -4.88 and a beta of 1.20.
About Kazera Global
Kazera Global plc operates as a mining investment company in the United Kingdom and South Africa. The company primarily explores for lithium, diamonds, and heavy mineral sands. It owns 60% interests in the Diamond project, a mining operation located in Alexander Bay, South Africa; Walviskop Heavy Mineral Sands project located in South Africa; and Tantalum and Lithium project located in southeastern Namibia.
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