Bluejay Mining (LON:JAY) Reaches New 52-Week Low at $6.20

Bluejay Mining PLC (LON:JAY)’s share price reached a new 52-week low on Thursday . The stock traded as low as GBX 6.20 ($0.08) and last traded at GBX 6.60 ($0.09), with a volume of 1174613 shares trading hands. The stock had previously closed at GBX 6.51 ($0.09).

Separately, Shore Capital reaffirmed a “strong-buy” rating on shares of Bluejay Mining in a research note on Thursday, May 30th.

The firm’s 50 day moving average is GBX 7.09. The company has a market capitalization of $51.38 million and a PE ratio of -4.62.

In related news, insider Peter Waugh purchased 66,097 shares of the firm’s stock in a transaction dated Tuesday, July 23rd. The stock was purchased at an average price of GBX 8 ($0.10) per share, with a total value of £5,287.76 ($6,909.40).

About Bluejay Mining (LON:JAY)

Bluejay Mining plc operates as an exploration company in the United Kingdom, Greenland, Finland, and Austria. The company explores for copper, zinc, nickel, gold, lead, cobalt, titanium, and silver deposits, as well as platinum-group elements (PGE). It holds interests in the Dundas, Disko, and Kangerluarsuk projects located in Greenland; and Hammaslahti copper-gold-zinc project, Kelkka nickel-copper project, and Outokumpu copper project, as well as Enonkoski nickel-copper PGE project located in Finland.

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