One Media IP (LON:OMI) Shares Up 7.6% - Time to Buy?

Key Points

• Shares rose 7.6% mid-day, trading as high as GBX 20.95 and last at GBX 20.67 versus a prior close of GBX 19.20, on ~5.22M shares traded (about 3% above average).
• The stock has a market capitalization of £84.81 million and a P/E of 7.17, and is trading below its 50‑day simple moving average of GBX 27.66.
• Insider Thomas Masney sold 35,000 shares on Feb. 25 at GBX 26 (insiders own 2.20% of the company).

One Media IP plc (LON:OMI - ) shares were up 7.6% during mid-day trading on Tuesday . The company traded as high as GBX 20.95 and last traded at GBX 20.67. Approximately 5,222,141 shares were traded during trading, an increase of 3% from the average daily volume of 5,052,504 shares. The stock had previously closed at GBX 19.20.

One Media IP Price Performance

The stock has a market capitalization of £84.81 million and a price-to-earnings ratio of 7.17. The company has a 50-day simple moving average of GBX 27.66.

Insider Buying and Selling

In other One Media IP news, insider Thomas Masney sold 35,000 shares of the company's stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of GBX 26, for a total value of £9,100. 2.20% of the stock is owned by corporate insiders.

About One Media IP

Orosur Mining Inc (TSX: OMI; AIM: OMI) is a fully integrated gold producer, developer and explorer focused on identifying and advancing gold projects in South America. The Company operates the only producing gold mine in Uruguay (San Gregorio) and has assembled an exploration portfolio of high quality assets in Uruguay, Chile and Colombia.

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