Thungela Resources Limited (LON:TGA – Get Rating) insider Gideon Frederick sold 30,000 shares of Thungela Resources stock in a transaction that occurred on Friday, September 16th. The shares were sold at an average price of GBX 380 ($4.59), for a total transaction of £114,000 ($137,747.70).
Gideon Frederick also recently made the following trade(s):
- On Tuesday, September 20th, Gideon Frederick sold 26,515 shares of Thungela Resources stock. The shares were sold at an average price of GBX 377 ($4.56), for a total transaction of £99,961.55 ($120,784.86).
Thungela Resources Stock Performance
Shares of TGA opened at GBX 1,896 ($22.91) on Wednesday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 3.53 and a current ratio of 3.97. Thungela Resources Limited has a twelve month low of GBX 267.05 ($3.23) and a twelve month high of GBX 1,932 ($23.34). The firm’s 50 day moving average price is GBX 1,541.74 and its two-hundred day moving average price is GBX 1,292.88. The firm has a market cap of £2.53 billion and a P/E ratio of 296.74.
Thungela Resources Increases Dividend
Wall Street Analyst Weigh In
Separately, Citigroup reaffirmed a “buy” rating and issued a GBX 1,800 ($21.75) price target on shares of Thungela Resources in a research note on Wednesday, September 14th.
Thungela Resources Company Profile
Thungela Resources Limited engages in the mining and production of thermal coal in South Africa. The company owns interests in and produces its thermal coal from seven mining operations in the Mpumalanga province of South Africa, including Goedehoop colliery, Greenside colliery, Isibonelo colliery, Khwezela colliery, Zibulo colliery, Mafube colliery, and Rietvlei colliery.
- 3 Airline Stocks Stuck in a Holding Pattern
- Roku Stock is Down but Not Out
- Is Ford Rolling To A Rebound After Its Q3 Warning
- If You’re Hungry for Value, Take a Bite on Ruth’s Hospitality Grp
- Has AMD stock stock fallen too far?
Receive News & Ratings for Thungela Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thungela Resources and related companies with MarketBeat.com's FREE daily email newsletter.