Empire Resources Limited (ASX:ERL) Insider Michael Ruane Buys 6,000,000 Shares

Empire Resources Limited (ASX:ERL) insider Michael Ruane purchased 6,000,000 shares of the firm’s stock in a transaction on Wednesday, April 9th. The shares were purchased at an average cost of A$0.00 ($0.00) per share, with a total value of A$24,000.00 ($15,189.87).

Michael Ruane also recently made the following trade(s):

• On Friday, January 31st, Michael Ruane bought 1,165,481 shares of Empire Resources stock. The stock was purchased at an average price of A$0.00 ($0.00) per share, with a total value of A$3,496.44 ($2,212.94).

Empire Resources Price Performance

The stock has a market capitalization of $5.94 million, a PE ratio of -5.06 and a beta of 0.20.

Empire Resources Company Profile

Empire Resources Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It primarily explores for gold, copper, zinc, lead, and silver deposits. The company holds 100% interests in the Yuinmery copper-gold project that includes six granted tenements, two mining, and four explorations covering an area of 106.7 square kilometers situated in the Mid-West region of Western Australia; the Penny's gold project located to the east of Kalgoorlie, Western Australia; the Barloweerie project comprising one granted exploration license and three exploration tenements covering an area of 533 square kilometers situated in Murchison District of Western Australia; and the Nanadie project comprising three granted exploration licence covering an area of 127.3 square kilometers located to the east of Meekatharra, Western Australia.