General Moly (NYSE:GMO) Director Ricardo Campoy unloaded 26,826 shares of General Moly stock on the open market in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $1.70, for a total value of $45,604.20. Following the completion of the transaction, the director now directly owns 112,506 shares of the company’s stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Barclays Capital initiated coverage on shares of General Moly (NYSE:GMO) in a research note to investors on Monday, July 8th. They set an “overweight” rating on the stock.
General Moly (NYSE:GMO) traded down 2.42% on Thursday, hitting $1.61. The stock had a trading volume of 70,759 shares. General Moly has a one year low of $1.62 and a one year high of $4.25. The stock has a 50-day moving average of $1.81 and a 200-day moving average of $2.0. The company’s market cap is $147.4 million.
General Moly, Inc (NYSE:GMO) is a development-stage company in the business of the exploration, development and mining of properties primarily containing molybdenum.