Stavely Minerals Ltd (ASX:SVY) shares rose 4.5% on Friday . The stock traded as high as A$0.23 ($0.16) and last traded at A$0.23 ($0.16), approximately 97,572 shares changed hands during trading. The stock had previously closed at A$0.22 ($0.16).

The company has a market capitalization of $35.99 million and a PE ratio of -3.71. The company’s 50 day moving average is A$0.24 and its two-hundred day moving average is A$0.26.

In related news, insider Peter Ironside 300,000 shares of the firm’s stock in a transaction that occurred on Monday, August 5th.

Stavely Minerals Company Profile (ASX:SVY)

Stavely Minerals Limited, a mineral exploration company, acquires and explores early to advanced stage mineral projects in Australia. The company primarily explores for copper, gold, zinc, and silver deposits. Its flagship projects include the Ararat and Stavely projects that are located to the east of the regional town of Glenthompson and west of the regional centre of Ararat, Victoria.

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