Xstate Resources (ASX:XST) Insider Acquires A$11,333.32 in Stock

Xstate Resources Limited (ASX:XST) insider Andrew Childs purchased 666,666 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were purchased at an average price of A$0.02 per share, for a total transaction of A$11,333.32.

Xstate Resources Stock Performance

The stock has a market capitalization of $2.89 million, a price-to-earnings ratio of 0.66 and a beta of 0.99.

Xstate Resources Company Profile

Xstate Resources Limited, together with its subsidiaries, explores and produces of oil and natural gas properties in the United States. The company holds a 20% working interest (WI) in Anshof-3 exploration well located in Austria; 25% WI in the Crest Jinn assets, including 2 oil wells located in Canada; 33.33% WI in Borba Natural Gas Drilling located in California; and various WIs between 10% and 30% in oil and gas leases in Sacramento Basin, California. It also holds a 12% interest in the King Brown gold tenement.