Black Cat Syndicate Ltd (ASX:BC8)’s stock price rose 4.5% during mid-day trading on Friday . The company traded as high as A$0.48 ($0.34) and last traded at A$0.47 ($0.33), approximately 79,662 shares changed hands during trading. The stock had previously closed at A$0.45 ($0.32).

The stock has a market capitalization of $32.50 million and a P/E ratio of -24.47. The business has a fifty day moving average price of A$0.39 and a 200-day moving average price of A$0.26.

In other news, insider Paul Chapman 550,000 shares of the firm’s stock in a transaction on Wednesday, June 26th.

About Black Cat Syndicate (ASX:BC8)

Black Cat Syndicate Limited engages in the exploration and development of gold properties in Australia. It holds a 100% interest in the Bulong gold project, which covers an area of 84 square kilometers located to the east of Kalgoorlie, Western Australia. The company was incorporated in 2017 and is based in Subiaco, Australia.

Further Reading: What is the return on assets (ROA) ratio?

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