Richard Lloyd Buys 356,913 Shares of Shuka Minerals (LON:SKA) Stock

Shuka Minerals Plc (LON:SKA) insider Richard Lloyd purchased 356,913 shares of the stock in a transaction dated Thursday, August 6th. The shares were purchased at an average cost of GBX 280 per share, for a total transaction of £999,356.40.

Richard Lloyd also recently made the following trade(s):

• On Thursday, August 6th, Richard Lloyd acquired 360,000 shares of Shuka Minerals stock. The shares were purchased at an average price of GBX 277 per share, with a total value of £997,200.

Shuka Minerals Trading Up 1.1%

Shuka Minerals stock opened at GBX 2.83 on Friday. The company has a 50-day moving average price of GBX 2.86 and a 200 day moving average price of GBX 2.99. Shuka Minerals Plc has a 12-month low of GBX 2.30 and a 12-month high of GBX 7. The stock has a market cap of £3.71 million, a P/E ratio of -2.10 and a beta of 1.17.

Shuka Minerals (LON:SKA) last posted its earnings results on Tuesday, June 30th. The company reported GBX (1.35) earnings per share for the quarter. Shuka Minerals had a negative net margin of 86,907.55% and a negative return on equity of 20.62%.

Shuka Minerals Company Profile

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.