Cobra Resources plc (LON:COBR) Insider David Clarke Buys 350,000 Shares

by · The Cerbat Gem

Cobra Resources plc (LON:COBR – Get Free Report) insider David Clarke purchased 350,000 shares of the business’s stock in a transaction that occurred on Friday, October 4th. The shares were purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £3,500 ($4,580.55).

David Clarke also recently made the following trade(s):

  • On Monday, October 7th, David Clarke purchased 250,000 shares of Cobra Resources stock. The shares were purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £2,500 ($3,271.82).
  • On Thursday, July 11th, David Clarke purchased 1,406,387 shares of Cobra Resources stock. The shares were purchased at an average cost of GBX 97 ($1.27) per share, with a total value of £1,364,195.39 ($1,785,362.37).

Cobra Resources Stock Up 5.5 %

LON COBR opened at GBX 1.45 ($0.02) on Thursday. The stock has a market capitalization of £10.54 million, a P/E ratio of -145.00 and a beta of 0.74. Cobra Resources plc has a 52-week low of GBX 0.70 ($0.01) and a 52-week high of GBX 1.50 ($0.02). The firm has a 50-day moving average price of GBX 1 and a 200 day moving average price of GBX 1.07.

About Cobra Resources

(Get Free Report)

Cobra Resources plc, together with its subsidiaries, explores, develops, and mines precious and base metal projects. The company explores for gold, copper, uranium, and iron oxide deposits. It owns 100% interest in the Wudinna Gold project located in Gawler Craton, South Australia. In addition, it holds 100% interest in the Prince Alfred project located in South Australia.

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