Michael Davy Buys 1,500,000 Shares of Vanadium Resources (ASX:VR8) Stock

Vanadium Resources (ASX:VR8) insider Michael Davy purchased 1,500,000 shares of the stock in a transaction that occurred on Wednesday, June 24th. The shares were purchased at an average cost of A$0.02 ($0.01) per share, for a total transaction of A$31,500.00 ($21,575.34).

The stock has a market capitalization of $15.49 million and a PE ratio of -2.20. The stock’s 50-day moving average is A$0.04. Vanadium Resources has a twelve month low of A$0.04 ($0.02) and a twelve month high of A$0.09 ($0.06).

Vanadium Resources Company Profile

Vanadium Resources Limited, a junior exploration company, engages in the exploration and development of mineral projects in Australia. The company explores for gold, copper, zinc, silver, lead, and other mineral deposits. The company's properties include the Quartz Bore project that consists of an exploration license covering an area of approximately 15 square kilometers situated in the West Pilbara province; the Mt Sydney Project, which consists of an exploration license application covering approximately 508 square kilometers area located in the East Pilbara province; the Mt Vernon project that consists of an exploration license covering approximately 463 square kilometers area located in the southwestern portion of the Pilbara region; and the SPD Vanadium project situated in South Africa.

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