Aminex (LON:AEX) Shares Down 16.4%

Aminex PLC (LON:AEX) fell 16.4% during mid-day trading on Thursday . The stock traded as low as GBX 1.61 ($0.02) and last traded at GBX 1.61 ($0.02). 19,634,811 shares were traded during mid-day trading, an increase of 157% from the average session volume of 7,652,152 shares. The stock had previously closed at GBX 1.93 ($0.02).

Aminex Trading Down 11.3 %

The company has a current ratio of 0.65, a quick ratio of 0.86 and a debt-to-equity ratio of 1.37. The firm has a market cap of £62.73 million, a PE ratio of -5.38 and a beta of -0.22. The firm has a fifty day simple moving average of GBX 1.58 and a two-hundred day simple moving average of GBX 1.10.

Insider Buying and Selling

In other news, insider Tom Mackay sold 3,873,959 shares of the firm’s stock in a transaction dated Tuesday, June 18th. The shares were sold at an average price of GBX 2 ($0.03), for a total value of £77,479.18 ($98,286.41). 27.43% of the stock is currently owned by insiders.

About Aminex

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Kiliwani South, Ruvuma PSA, and Nyuni Area PSA exploration licenses located primarily in Tanzania.