Gregory Kuenzel ACA Buys 111,091 Shares of Empire Metals (LON:EEE) Stock

Key Points

• Insider Gregory Kuenzel purchased 111,091 shares of Empire Metals for a total of £49,990.95, at an average price of GBX 45 per share on September 12th.
• Empire Metals' shares have declined by 34.9%, trading at GBX 38 with a market capitalization of £262.35 million.
• The company's primary focus is on the Pitfield titanium project in Western Australia, which has been identified as a significant discovery.

Empire Metals Limited (LON:EEE - Get Free Report) insider Gregory Kuenzel ACA acquired 111,091 shares of the company's stock in a transaction on Friday, September 12th. The stock was acquired at an average cost of GBX 45 per share, with a total value of £49,990.95.

Empire Metals Stock Performance

Shares of LON:EEE traded up GBX 4 during trading on Wednesday, hitting GBX 39. 20,046,004 shares of the stock traded hands, compared to its average volume of 4,988,538. The company has a market cap of £269.25 million, a price-to-earnings ratio of -58,208.96 and a beta of 1.80. The company has a quick ratio of 20.03, a current ratio of 14.31 and a debt-to-equity ratio of 0.12. Empire Metals Limited has a 52-week low of GBX 5.50 and a 52-week high of GBX 84. The company has a fifty day moving average price of GBX 38.59 and a two-hundred day moving average price of GBX 22.55.

Empire Metals (LON:EEE - Get Free Report) last announced its earnings results on Thursday, September 4th. The company reported GBX (0.23) earnings per share (EPS) for the quarter.

About Empire Metals

Empire Metals is an exploration and resource development company with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia. The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep.