Emmerson (EML) Shares Up 10.3%
Shares of Emmerson PLC (LON:EML) shot up 10.3% during mid-day trading on Monday . The stock traded as high as GBX 3.77 ($0.05) and last traded at GBX 3.75 ($0.05). 4,588,298 shares were traded during mid-day trading, an increase of ∞ from the average session volume of 0 shares. The stock had previously closed at GBX 3.40 ($0.04).
Separately, Shore Capital restated a “not rated” rating on shares of Emmerson in a research note on Thursday, September 6th.
In related news, insider Mark Connelly acquired 250,000 shares of the company’s stock in a transaction on Tuesday, October 2nd. The stock was purchased at an average cost of GBX 4 ($0.05) per share, with a total value of £10,000 ($13,066.77).
About Emmerson (LON:EML)
Emmerson PLC engages in the exploration, evaluation, development, and exploitation of potash projects. It holds 100% interests in the Khemisset project, a potash development project with 1 mining license and 39 research permits located to the east of Rabat in northern Morocco. The company was incorporated in 2016 and is based in London, the United Kingdom.
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