OM (ASX:OMH) Hits New 12-Month Low at $0.69

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OM Holdings Limited (ASX:OMH) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as A$0.69 ($0.49) and last traded at A$0.69 ($0.49), with a volume of 15086 shares changing hands. The stock had previously closed at A$0.69 ($0.49).

The business’s 50-day simple moving average is A$0.80. The firm has a market cap of $472.72 million and a P/E ratio of 2.94. The company has a debt-to-equity ratio of 113.70, a current ratio of 1.81 and a quick ratio of 0.73.

In other news, insider Ngee Low 47,313,500 shares of OM stock in a transaction dated Thursday, June 6th. Also, insider Peng Tan bought 34,484 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The stock was bought at an average price of A$0.86 ($0.61) per share, with a total value of A$29,656.24 ($21,032.79). Insiders purchased a total of 133,337 shares of company stock valued at $112,504 in the last quarter.

About OM (ASX:OMH)

OM Holdings Limited, an investment holding company, engages in mining, smelting, trading, and marketing ores and ferroalloys. The company operates through Mining, Smelting, and Marketing and Trading segments. It owns Bootu Creek manganese mine located in the Northern territory of Australia. The company also provides manganese ferroalloys, ferrosilicon, and manganese sinter ore.

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