Insider Buying: Taiton Resources Limited (ASX:T88) Insider Acquires 393,868 Shares of Stock

Taiton Resources Limited (ASX:T88) insider Noel Ong bought 393,868 shares of the company’s stock in a transaction dated Friday, February 14th. The stock was bought at an average price of A$0.11 ($0.07) per share, for a total transaction of A$41,356.14 ($26,174.77).

Taiton Resources Price Performance

The stock has a market cap of $7.82 million and a P/E ratio of -4,586.47.

About Taiton Resources

Taiton Resources Limited operates as a mineral exploration and development company in Australia. The company focusses on the gold and other commodities. Its projects portfolio comprises the Lake Barlee project that consist of four tenements covering an area of approximately 668 square kilometers in Western Australia; the Highway project, which includes 4 tenements covering approximately of 2,930 square kilometers located in the South Australia; and the Challenger West project consists of 997 square kilometers located in South Australia.