Amigo (LON:AMGO) Shares Down 2% – Time to Sell?

Amigo Holdings PLC (LON:AMGO – Get Free Report) shares were down 2% during mid-day trading on Wednesday. The company traded as low as GBX 2.40 and last traded at GBX 2.45. 1,290,404 shares traded hands during trading, a decline of 68% from the average daily volume of 4,030,709 shares. The stock had previously closed at GBX 2.50.

Amigo Stock Down 2.0%

The company has a debt-to-equity ratio of 85.71, a current ratio of 1.40 and a quick ratio of 0.99. The company has a market cap of £32.58 million, a PE ratio of -0.13, a price-to-earnings-growth ratio of 0.90 and a beta of 2.07. The company has a fifty day moving average price of GBX 2.62 and a 200 day moving average price of GBX 2.48.

Insider Buying and Selling

In related news, insider Nicholas Beal bought 363,094 shares of the company’s stock in a transaction on Tuesday, September 29th. The stock was acquired at an average cost of GBX 3 per share, for a total transaction of £10,892.82. Also, insider Jonathan Roe bought 364,963 shares of the company’s stock in a transaction on Wednesday, September 30th. The shares were bought at an average price of GBX 3 per share, with a total value of £10,948.89. Insiders purchased 1,092,057 shares of company stock worth $3,276,171 over the last ninety days. 29.93% of the stock is currently owned by insiders.

Amigo Company Profile

(Get Free Report)

Amigo Resources PLC (LSE:AMGO) is focused on gold and rare earth mining opportunities in Africa, principally in Tanzania and Mauritania,

Featured Articles

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