Empire Resources Limited (ERL) Insider Buys A$10,800.00 in Stock

Empire Resources Limited (ASX:ERL) insider Michael Ruane purchased 1,200,000 shares of the business’s stock in a transaction on Tuesday, May 14th. The stock was acquired at an average cost of A$0.01 ($0.01) per share, with a total value of A$10,800.00 ($7,659.57).

Michael Ruane also recently made the following trade(s):

  • On Wednesday, April 24th, Michael Ruane purchased 2,795,279 shares of Empire Resources stock. The stock was acquired at an average cost of A$0.01 ($0.01) per share, with a total value of A$27,952.79 ($19,824.67).
  • On Tuesday, March 5th, Michael Ruane purchased 2,270,404 shares of Empire Resources stock. The stock was acquired at an average cost of A$0.01 ($0.01) per share, with a total value of A$22,704.04 ($16,102.16).

ASX ERL remained flat at $A$0.01 ($0.00) on Friday. 506,983 shares of the company’s stock were exchanged, compared to its average volume of 692,759. Empire Resources Limited has a 52 week low of A$0.01 ($0.00) and a 52 week high of A$0.02 ($0.01). The firm has a market cap of $4.35 million and a P/E ratio of 2.33.

ILLEGAL ACTIVITY WARNING: This news story was reported by Modern Readers and is the sole property of of Modern Readers. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of international trademark and copyright laws. The legal version of this news story can be read at https://www.modernreaders.com/news/2019/05/17/empire-resources-limited-erl-insider-buys-a10800-00-in-stock.html.

Empire Resources Company Profile

Empire Resources Limited engages in the exploration and development of precious and base metal properties in Australia. It primarily explores for gold and copper deposits. The company holds a 100% interest in the Yuinmery copper-gold project that is located near the town of Sandstone; and 60% interest in the Penny's Find gold project situated in the Eastern Goldfields of Western Australia.

Recommended Story: Trading based on a resistance level

Receive News & Ratings for Empire Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Empire Resources and related companies with MarketBeat.com's FREE daily email newsletter.