Zaza Mamulaishvili Buys 172,413,792 Shares of Frontera Resources Corp (FRR) Stock

Frontera Resources Corp (LON:FRR) insider Zaza Mamulaishvili acquired 172,413,792 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The shares were purchased at an average price of GBX 1 ($0.01) per share, with a total value of £1,724,137.92 ($2,266,812.94).

Shares of Frontera Resources Corp (LON FRR) opened at 0.665 on Friday. Frontera Resources Corp has a 52-week low of GBX 0.06 and a 52-week high of GBX 0.88. The firm’s market capitalization is GBX 59.06 million. The company’s 50-day moving average is GBX 0.37 and its 200 day moving average is GBX 0.28.

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Frontera Resources Corp Company Profile

Frontera Resources Corporation, together with its subsidiaries, engages in the exploration and development of oil and gas projects. The company focuses on the development of reserves in known hydrocarbon-bearing basins. It holds a 100% working interest in Block 12 covering an area of approximately 5,550 square kilometers located in the eastern Georgia.

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