Insider Buying: Eagle Nickel Limited (PM1) Insider Buys 1,150,000 Shares of Stock

Eagle Nickel Limited (ASX:PM1) insider John Downie acquired 1,150,000 shares of Eagle Nickel stock in a transaction on Monday, May 20th. The stock was acquired at an average cost of A$0.02 ($0.01) per share, for a total transaction of A$19,550.00 ($13,865.25).

PM1 stock remained flat at $A$0.02 ($0.01) during midday trading on Friday. 264,424 shares of the company’s stock were exchanged, compared to its average volume of 1,630,000. Eagle Nickel Limited has a 1 year low of A$0.01 ($0.01) and a 1 year high of A$0.02 ($0.01). The company has a market capitalization of $5.34 million and a PE ratio of -1.89.

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About Eagle Nickel

Pure Minerals Limited operates as a mineral exploration company that focuses on the exploration and development of battery metals in Australia. The company primarily explores for manganese, lithium, and tantalum metals. It holds 100% interest in the Battery Hub manganese and Lake Blanche projects, as well as 80% interests in the Morrissey Hill project located in the Gascoyne Region of Western Australia.

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