Ian Smith Acquires 333,333 Shares of Rex Minerals Limited (ASX:RXM) Stock

Rex Minerals Limited (ASX:RXM) insider Ian Smith purchased 333,333 shares of Rex Minerals stock in a transaction dated Wednesday, July 29th. The shares were acquired at an average cost of A$0.08 ($0.06) per share, with a total value of A$27,999.97 ($19,178.06).

Rex Minerals Limited has a 52-week low of A$0.03 ($0.02) and a 52-week high of A$0.16 ($0.11). The stock has a market cap of $19.20 million and a price-to-earnings ratio of -4.13. The company’s 50 day simple moving average is A$0.06 and its 200-day simple moving average is A$0.06.

About Rex Minerals

Rex Minerals Limited engages in the evaluation, exploration, and development of mineral properties in Australia. The company explores for copper, gold, and iron ore deposits. Its flagship project is the Hillside project that is located in Yorke Peninsula, South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia.

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