Thungela Resources Officer Sells Shares Worth R2.5 Million

Thungela Resources Limited (GB:TGA) has released an update.

Nompumelelo Sithole, a prescribed officer at Thungela Resources Limited, recently executed an on-market sale of 20,000 ordinary shares at a price of R128.27 each, totaling R2,565,400. This transaction reflects ongoing insider activities within the company, which might interest investors monitoring stock movements. Such transactions can provide insights into the confidence levels of company insiders about the firm’s future performance.

For further insights into GB:TGA stock, check out TipRanks’ Stock Analysis page.