Today, the SVP, Strategic Planning and B of TRONOX Ltd (TROX), Willem Hendrik Van-Niekerk, bought shares of TROX for $28.27K.
This recent transaction increases Willem Hendrik Van-Niekerk’s holding in the company by 2.05% to a total of $1.38 million.
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Based on TRONOX Ltd’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $456 million and quarterly net profit of $6 million. In comparison, last year the company earned revenue of $435 million and had a GAAP net loss of $14 million. Currently, TRONOX Ltd has an average volume of 3.02M.
Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $18.83, reflecting a 167.1% upside. Starting in September 2018, TROX received 7 Buy ratings in a row. Five different firms, including Alembic Global and Barclays, currently also have a Buy rating on the stock.
Willem Hendrik Van-Niekerk’s trades have generated a 54.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Tronox Ltd. engages in mining, production, and marketing of inorganic minerals, and chemicals. It operates through the Titanium Dioxide (TiO2) pigment segment which includes pigment production facilities located in: Hamilton, Mississippi; Botlek, the Netherlands; and Kwinana, Western Australia; and its mining operations in KwaZulu-Natal Sands and Namakwa Sands both located in South Africa and Cooljarloo located in Western Australia. The company was founded on September 21, 2011 and is headquartered in Stamford, CT.
