Adavale Resources (ASX:ADD) Insider Maurice (Nic) Matich Buys 476,190 Shares

Adavale Resources Limited (ASX:ADD) insider Maurice (Nic) Matich acquired 476,190 shares of Adavale Resources stock in a transaction that occurred on Tuesday, November 18th. The shares were purchased at an average price of A$0.04 per share, with a total value of A$16,666.65.

Adavale Resources Price Performance

The firm has a market capitalization of $4.55 million, a price-to-earnings ratio of -0.41 and a beta of 1.16.

About Adavale Resources

Adavale Resources Limited engages in the exploration of mineral properties in Australia and Tanzania. The company holds a 100% interest in the Kabanga Jirani Nickel project covering an area of 1,315 square kilometers located in Kagera, Tanzania; and the Lake Surprise uranium project having 4 tenements covering an area of 1,078 square kilometers situated in the northern part of the Lake Frome Embayment, South Australia.