Aterian (LON:ATN) Insider Purchases £26,000 in Stock

Aterian plc (LON:ATN) insider Charles Grant Bray acquired 100,000 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was purchased at an average price of GBX 26 per share, with a total value of £26,000.

Aterian Stock Down 4.3%

Shares of LON ATN opened at GBX 22 on Friday. Aterian plc has a 52-week low of GBX 20.25 and a 52-week high of GBX 58. The firm has a market cap of £3.41 million, a price-to-earnings ratio of -1.45 and a beta of -0.10. The company’s 50-day simple moving average is GBX 29.92 and its 200-day simple moving average is GBX 34.19.

About Aterian

Aterian plc is an LSE-listed exploration and development company with a diversified African portfolio of critical and strategic metals/minerals projects.

Aterian plc is actively seeking to acquire and develop new critical and strategic metal resources to strengthen its existing asset base whilst supporting ethical and sustainable supply chains as the world transitions to a sustainable, renewable future. The supply of these metals is vital for the development of the renewable energy, automotive and electronic manufacturing sectors that are playing an increasing role in reducing carbon emissions and meeting climate ambitions globally.

The Company recently entered into a joint venture agreement with Rio Tinto Mining and Exploration Limited for Rio Tinto to earn into the HCK project in southern Rwanda and holds two further partnerships in Rwanda exploring and developing lithium-tantalum-niobium-tin mining operations.