Insider Buying: Venturex Resources Ltd (ASX:VXR) Insider Acquires A$31,500.00 in Stock

Venturex Resources Ltd (ASX:VXR) insider Anthony (Tony) Kiernan acquired 500,000 shares of Venturex Resources stock in a transaction on Wednesday, July 29th. The shares were purchased at an average price of A$0.06 ($0.04) per share, with a total value of A$31,500.00 ($21,575.34).

Anthony (Tony) Kiernan also recently made the following trade(s):

  • On Monday, July 20th, Anthony (Tony) Kiernan purchased 545,454 shares of Venturex Resources stock. The stock was bought at an average price of A$0.06 ($0.04) per share, with a total value of A$29,999.97 ($20,547.92).

The business has a 50 day moving average of A$0.06 and a 200 day moving average of A$0.08. Venturex Resources Ltd has a 12 month low of A$0.05 ($0.03) and a 12 month high of A$0.21 ($0.14). The company has a market capitalization of $15.57 million and a price-to-earnings ratio of -3.24. The company has a debt-to-equity ratio of 8.86, a current ratio of 1.16 and a quick ratio of 1.10.

About Venturex Resources

Venturex Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. It primarily explores for copper, zinc, lead, silver, and gold deposits. The company's flagship project is the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves volcanogenic massive sulphide deposits and tenements covering 6,000 hectares of the Panorama Trend located near Port Hedland, Pilbara, Western Australia.

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