Shares of Highfield Resources Ltd (ASX:HFR) dropped 3% on Friday . The company traded as low as A$0.80 ($0.57) and last traded at A$0.80 ($0.57), approximately 40,615 shares were traded during trading. A decline of 68% from the average daily volume of 126,148 shares. The stock had previously closed at A$0.83 ($0.59).

The firm has a market cap of $263.62 million and a price-to-earnings ratio of -61.54. The business’s 50-day moving average price is A$0.87 and its two-hundred day moving average price is A$0.77.

In other Highfield Resources news, insider Peter Albert 2,933,040 shares of the stock in a transaction dated Friday, June 21st.

Highfield Resources Company Profile (ASX:HFR)

Highfield Resources Limited engages in the exploration and development of potash mineral properties in Spain. The company holds 100% interests in the Muga, Vipasca, Pintano, Izaga, and Sierra del Perdón potash projects, which are located in the Ebro potash producing basin in Northern Spain covering a project area of approximately 550 square kilometers.

See Also: Are FAANG stocks a good investment?

Receive News & Ratings for Highfield Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highfield Resources and related companies with MarketBeat.com's FREE daily email newsletter.