Ironbark Zinc Limited (ASX:IBG) Insider Danny Segman Purchases 7,000,000 Shares

Ironbark Zinc Limited (ASX:IBG) insider Danny Segman bought 7,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 4th. The shares were purchased at an average cost of A$0.02 ($0.01) per share, with a total value of A$112,000.00 ($79,432.62).

ASX:IBG opened at A$0.02 ($0.01) on Friday. Ironbark Zinc Limited has a 52 week low of A$0.02 ($0.01) and a 52 week high of A$0.05 ($0.04). The company’s 50 day moving average price is A$0.02. The stock has a market capitalization of $12.77 million and a PE ratio of -6.00.

Ironbark Zinc Company Profile

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.

See Also: Leveraged Buyout (LBO)

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