Chase Mining (ASX:CML) Shares Down 14%

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Chase Mining Limited (ASX:CML)’s stock price was down 14% during mid-day trading on Monday . The company traded as low as A$0.04 ($0.03) and last traded at A$0.04 ($0.03), approximately 3,187,235 shares traded hands during trading. The stock had previously closed at A$0.05 ($0.04).

The firm has a market cap of $9.31 million and a PE ratio of -7.50. The company’s 50-day moving average is A$0.04.

In other Chase Mining news, insider Charles Thomas bought 1,550,000 shares of the firm’s stock in a transaction dated Tuesday, June 25th. The shares were purchased at an average price of A$0.03 ($0.02) per share, for a total transaction of A$41,850.00 ($29,680.85).

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