Insider Buying: Landore Resources Limited (LON:LND) Insider Acquires 300,000 Shares of Stock

Landore Resources Limited (LON:LND) insider Glenn Featherby purchased 300,000 shares of the stock in a transaction that occurred on Thursday, April 3rd. The stock was purchased at an average cost of GBX 4 ($0.05) per share, with a total value of £12,000 ($15,467.90).

Landore Resources Stock Up 1.5 %

LON LND opened at GBX 3.40 ($0.04) on Monday. The stock has a market capitalization of £10.83 million, a PE ratio of -2.93 and a beta of -0.15. Landore Resources Limited has a 12-month low of GBX 2.10 ($0.03) and a 12-month high of GBX 6 ($0.08). The company has a 50 day moving average price of GBX 3.59 and a two-hundred day moving average price of GBX 3.70.

Landore Resources Company Profile

Landore Resources (AIM: LND) is the 100% owner of the highly prospective BAM Gold Project, Northwestern Ontario, Canada, which has a resource estimate of 1.5M oz Au.

Landore Resource’s strategic objective is to crystallise value from BAM’s last estimated NPV of US$333.6m @ US$1,800/oz spot (from May 2022 PEA), as well as generating additional value from its non-core portfolio of precious and battery metals projects in eastern Canada and the USA.