American Pacific (ASX:ABR)’s share price shot up 12.2% on Friday . The stock traded as high as A$0.28 ($0.20) and last traded at A$0.28 ($0.20), 275,362 shares were traded during mid-day trading. The stock had previously closed at A$0.25 ($0.17).
The stock has a market capitalization of $56.79 million and a price-to-earnings ratio of -14.47. The company’s fifty day moving average price is A$0.23.
In other American Pacific news, insider Anthony Hall 305,556 shares of the business’s stock in a transaction on Wednesday, June 19th.
American Pacific Borate & Lithium Limited engages in the exploration and development of mineral properties. It primarily holds a 100% owned Fort Cady boron and lithium project located in Southern California. The company was incorporated in 2016 and is based in Perth, Australia.
Read More: What is Cost of Capital?
Receive News & Ratings for American Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Pacific and related companies with MarketBeat.com's FREE daily email newsletter.