Highfield Resources (ASX:HFR) Trading Down 3%
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 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.
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