Insider Buying: NTM Gold Ltd (NTM) Insider Acquires 496,046 Shares of Stock

NTM Gold Ltd (ASX:NTM) insider Rodney Foster acquired 496,046 shares of the company’s stock in a transaction dated Thursday, October 18th. The shares were acquired at an average price of A$0.04 ($0.02) per share, for a total transaction of A$17,361.61 ($12,313.20).

Shares of ASX NTM remained flat at $A$0.04 ($0.03) during midday trading on Friday. 520,000 shares of the stock were exchanged, compared to its average volume of 414,394. NTM Gold Ltd has a 1 year low of A$0.04 ($0.03) and a 1 year high of A$0.08 ($0.06).

NTM Gold Company Profile

NTM Gold Limited engages in the exploration of gold mineral properties in Australia. Its principal property is the Redcliffe Gold project covering an area of approximately 160 square kilometers located in the Eastern Goldfields region, Western Australia. The company was formerly known as Northern Manganese Limited and changed its name to NTM Gold Limited in November 2016.

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