The Executive of African Rainbow Minerals (Other OTC: AFBOF) is Selling Shares

By Carrie Williams

Today, the Executive of African Rainbow Minerals (AFBOFResearch Report), Jongisa Magagula, sold shares of AFBOF for $1.08M.

In addition to Jongisa Magagula, one other AFBOF executive reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

AFBOF’s market cap is $2.16 billion and the company has a P/E ratio of 6.90. The company has a one-year high of $13.60 and a one-year low of $9.50. Currently, African Rainbow Minerals has an average volume of .

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

African Rainbow Minerals Ltd. engages in the exploration, development, and mining of mineral properties. It operates through the following segments: ARM Platinum, ARM Ferrous, and ARM Corporate. The ARM Platinum segment includes nickel. The ARM Corporate segment is comprised of ARM strategic services, and exploration, corporate and other, and gold. The company was founded by Patrice Tlhopane Motsepe in February 1994 and is headquartered in Sandton, South Africa.