Ajax Resources (LON:AJAX) Trading Down 13.3% – Time to Sell?

Posted by ABMN Staff on Jan 27th, 2025

Ajax Resources Plc (LON:AJAX – Get Free Report) fell 13.3% during trading on Monday . The company traded as low as GBX 2.60 ($0.03) and last traded at GBX 2.60 ($0.03). 112,000 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 1,461,513 shares. The stock had previously closed at GBX 3 ($0.04).

Ajax Resources Stock Down 13.3 %

The firm has a 50-day moving average of GBX 3 and a 200 day moving average of GBX 3.01. The stock has a market capitalization of £1.22 million, a P/E ratio of -150.00 and a beta of 2.28.

Ajax Resources (LON:AJAX – Get Free Report) last released its quarterly earnings data on Monday, November 25th. The company reported GBX (0.20) ($0.00) EPS for the quarter.

Insider Buying and Selling at Ajax Resources

In other news, insider Richard Heywood bought 458,830 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was bought at an average price of GBX 3 ($0.04) per share, for a total transaction of £13,764.90 ($17,154.66). Company insiders own 63.52% of the company’s stock.

About Ajax Resources

(Get Free Report)

Ajax Resources Plc focuses on acquiring businesses, or production and development assets in the energy and natural resources sector. The company was incorporated in 2021 and is based in London, the United Kingdom.