Insider Buying: Mandrake Resources Limited (ASX:MAN) Insider Purchases 2,000,000 Shares of Stock

Mandrake Resources Limited (ASX:MAN) insider Roger Fitzhardinge acquired 2,000,000 shares of the company’s stock in a transaction dated Wednesday, March 26th. The shares were bought at an average cost of A$0.02 ($0.01) per share, for a total transaction of A$34,000.00 ($21,250.00).

Mandrake Resources Stock Performance

The stock has a market capitalization of $14.43 million, a price-to-earnings ratio of -54.84 and a beta of 2.10.

Mandrake Resources Company Profile

Mandrake Resources Limited engages in the exploration and evaluation of mineral resources. It explores for gold, lithium, silver, and copper deposits. The company's principal property is the Jimperding project consisting of 142 square kilometers exploration license application situated in the northeast of Perth, Western Australia.