Insider Buying: Ironbark Zinc Limited (ASX:IBG) Insider Acquires 2,000,000 Shares of Stock

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Ironbark Zinc Limited (ASX:IBG) insider Danny Segman acquired 2,000,000 shares of the stock in a transaction dated Thursday, July 18th. The stock was acquired at an average cost of A$0.02 ($0.01) per share, with a total value of A$34,000.00 ($24,113.48).

Danny Segman also recently made the following trade(s):

  • On Monday, July 15th, Danny Segman acquired 1,050,000 shares of Ironbark Zinc stock. The stock was acquired at an average cost of A$0.02 ($0.01) per share, with a total value of A$16,800.00 ($11,914.89).
  • On Wednesday, July 10th, Danny Segman acquired 200,000 shares of Ironbark Zinc stock. The stock was acquired at an average cost of A$0.02 ($0.01) per share, with a total value of A$3,400.00 ($2,411.35).
  • On Thursday, July 4th, Danny Segman acquired 7,000,000 shares of Ironbark Zinc stock. The stock was acquired at an average cost of A$0.02 ($0.01) per share, with a total value of A$112,000.00 ($79,432.62).

Ironbark Zinc stock opened at A$0.02 ($0.01) on Tuesday. The firm has a market cap of $13.48 million and a PE ratio of -6.33. Ironbark Zinc Limited has a 1-year low of A$0.02 ($0.01) and a 1-year high of A$0.05 ($0.04). The stock has a fifty day simple moving average of A$0.02.

About Ironbark Zinc

Ironbark Zinc Limited explores for and evaluates mineral properties in Greenland and Australia. The company primarily explores for zinc, gold, copper, silver, lead, and base and precious metals. Its principal project is the Citronen project in northern-Greenland. The company was formerly known as Ironbark Gold Limited and changed its name to Ironbark Zinc Limited in November 2009.

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