Alice McCleary Sells 300,000 Shares of Archer Exploration Limited (ASX:AXE) Stock

Archer Exploration Limited (ASX:AXE) insider Alice McCleary sold 300,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of A$0.46 ($0.33), for a total transaction of A$137,700.00 ($97,659.57).

Alice McCleary also recently made the following trade(s):

  • On Monday, May 18th, Alice McCleary 330,000 shares of Archer Exploration stock.

Shares of AXE stock traded down A$0.05 ($0.04) during trading on Wednesday, hitting A$0.44 ($0.31). 3,978,752 shares of the company were exchanged, compared to its average volume of 383,404. Archer Exploration Limited has a twelve month low of A$0.07 ($0.05) and a twelve month high of A$0.41 ($0.29). The firm has a market capitalization of $92.40 million and a price-to-earnings ratio of -33.46. The business’s 50-day simple moving average is A$0.23 and its 200 day simple moving average is A$0.18.

About Archer Exploration

Archer Exploration Limited, together with its subsidiaries, engages in the discovery, development, and commercialization of mineral deposits in Australia. The company explores for graphite, cobalt, manganese, copper, magnesite, barite, and gold deposits. It is also involved in the sale of carbon material products through online.

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