Blackearth Minerals (ASX:BEM) Trading 9.8% Higher
Blackearth Minerals NL (ASX:BEM)’s share price traded up 9.8% on Friday . The stock traded as high as A$0.06 ($0.04) and last traded at A$0.06 ($0.04), 640,767 shares were traded during mid-day trading. The stock had previously closed at A$0.05 ($0.04).
The company has a market capitalization of $6.26 million and a PE ratio of -1.22. The firm has a 50-day moving average of A$0.07 and a two-hundred day moving average of A$0.07.
In other Blackearth Minerals news, insider George Bauk 500,000 shares of the business’s stock in a transaction dated Friday, July 5th.
BlackEarth Minerals NL engages in the exploration and development of graphite properties. The company holds interests in the Donnelly River project that covers 3 exploration licenses; the Greenhills project, which covers 4 exploration licenses; the Northern Gully project that covers an area of approximate 48 square kilometers; and the Yalbra project, which covers an area of approximately 247 square kilometers located in Western Australia, Australia.
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