Shuka Minerals (LON:SKA – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported GBX (0.33) earnings per share for the quarter, Digital Look Earnings reports. Shuka Minerals had a negative return on equity of 20.62% and a negative net margin of 86,907.55%.
Shuka Minerals Stock Down 2.9%
LON SKA opened at GBX 3.40 on Friday. The company has a market cap of £4.89 million, a PE ratio of -2.52 and a beta of 1.19. Shuka Minerals has a 52 week low of GBX 2.30 and a 52 week high of GBX 7. The firm’s 50-day simple moving average is GBX 3.19 and its two-hundred day simple moving average is GBX 2.96.
Insider Buying and Selling at Shuka Minerals
In other Shuka Minerals news, insider Richard Lloyd purchased 360,000 shares of the stock in a transaction dated Thursday, August 6th. The shares were bought at an average price of GBX 277 per share, with a total value of £997,200. 58.06% of the stock is owned by insiders.
About Shuka Minerals
Shuka Minerals Plc engages in the exploration, development, and mining of energy commodities in Africa. The company primarily explores for coal. Its principal project is the Rukwa project located in Tanzania. Shuka Minerals Plc was formerly known as Edenville Energy Plc and changed its name to Shuka Minerals Plc in August 2023. The company was incorporated in 2004 and is based in Nairobi, Kenya.
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