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An announcement from Griffin Mining ( (GB:GFM) ) is now available.
Griffin Mining Limited announced that its Chief Operating Officer, John Steel, sold 50,000 ordinary shares at 180 pence per share, retaining an interest in 200,000 shares, which represents 0.1% of the company’s issued share capital. This transaction may impact stakeholders’ perceptions of the company’s stock value and management’s confidence in its future performance.
The most recent analyst rating on (GB:GFM) stock is a Hold with a £196.00 price target. To see the full list of analyst forecasts on Griffin Mining stock, see the GB:GFM Stock Forecast page.
Spark’s Take on GB:GFM Stock
According to Spark, TipRanks’ AI Analyst, GB:GFM is a Neutral.
Griffin Mining’s overall stock score is driven by a stable financial position and strong balance sheet, but is tempered by declining revenue and profitability margins, as well as negative free cash flow. The technical analysis indicates a neutral market sentiment, while the high P/E ratio suggests overvaluation. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:GFM stock, click here.
More about Griffin Mining
Griffin Mining Limited operates in the mining industry and is primarily focused on the extraction and production of minerals. The company is listed on the Alternative Investment Market (AIM) of the London Stock Exchange under the symbol GFM.
Average Trading Volume: 229,704
Technical Sentiment Signal: Buy
Current Market Cap: £330.4M
For a thorough assessment of GFM stock, go to TipRanks’ Stock Analysis page.