Landore Resources Limited (LON:LND) Insider Buys £50,000 in Stock

Landore Resources Limited (LON:LNDGet Free Report) insider Glenn Featherby acquired 2,500,000 shares of the firm’s stock in a transaction dated Monday, July 8th. The stock was bought at an average price of GBX 2 ($0.03) per share, for a total transaction of £50,000 ($64,045.09).

Landore Resources Stock Down 6.0 %

Shares of LON LND opened at GBX 3.90 ($0.05) on Thursday. The business’s 50 day moving average is GBX 3.26 and its two-hundred day moving average is GBX 2.67. Landore Resources Limited has a 52-week low of GBX 1.87 ($0.02) and a 52-week high of GBX 11.50 ($0.15). The firm has a market cap of £5.73 million, a price-to-earnings ratio of -195.00 and a beta of -0.12.

Landore Resources Company Profile

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Landore Resources Limited, through its subsidiary, Landore Resources Canada Inc, acquires, explores, and develops precious and base metal projects in Eastern Canada. It explores for nickel, copper, iron, cobalt, platinum, palladium, gold, and lithium deposits. The company holds 100% interest in Junior Lake property, which include 6 leases and 1,318 staked mining claims that cover an area of approximately 33,029 hectares located in the province of Ontario, Canada; and Miminiska Lake property comprises 28 patented and 23 staked claims in southern block, and 570 staked claims in the northern block covering an area of approximately 5,494 hectares located in Northern Ontario, Canada.

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