INSIDERS BUYING17 Feb 2021 09:16
always a good sign! When GGP was 5p insider buying started and GGP went to 38p!
Rainbow Rare Earths Limited (LON:RBW) Insider Buys £38,400 in Stock
Posted by Shelly Janes on Feb 15th, 2021
Rainbow Rare Earths logoRainbow Rare Earths Limited (LON:RBW) insider Alexander Lowrie acquired 320,000 shares of the stock in a transaction that occurred on Friday, February 12th. The stock was acquired at an average cost of GBX 12 ($0.16) per share, for a total transaction of £38,400 ($50,169.85).
RBW stock opened at GBX 15.15 ($0.20) on Monday. The stock has a market capitalization of £71.46 million and a P/E ratio of -25.42. The company has a debt-to-equity ratio of 22.87, a current ratio of 1.04 and a quick ratio of 0.93. Rainbow Rare Earths Limited has a 1-year low of GBX 1.35 ($0.02) and a 1-year high of GBX 16.25 ($0.21). The business has a fifty day moving average price of GBX 12.60 and a 200-day moving average price of GBX 7.04.