Insider Buying: Australian Gold and Copper Limited (ASX:AGC) Insider Buys 140,000 Shares of Stock

Australian Gold and Copper Limited (ASX:AGC) insider Zhang Yong bought 140,000 shares of the company’s stock in a transaction dated Wednesday, February 19th. The stock was bought at an average cost of A$0.14 ($0.09) per share, with a total value of A$20,160.00 ($12,840.76).

Australian Gold and Copper Price Performance

The company has a market cap of $34.64 million, a P/E ratio of -49.79 and a beta of 1.54.

Australian Gold and Copper Company Profile

Australian Gold and Copper Limited, an exploration company, explores for and develops multi-asset gold portfolio in Australia. The company primarily focuses on the exploration of gold, copper, and base metals. It holds a 100% interest in the Moorefield project that comprise two granted exploration licenses covering an area of 481.5 square kilometers; Gundagai project, which consists of an exploration license covering an area of 265 square kilometers; and Cargelligo project that include an exploration license covering an area of 227 square kilometers located in Lachlan Fold Belt in New South Wales.