Alliance Resources Limited (ASX:AGS) Insider Buys A$2,353,580.04 in Stock

Alliance Resources Limited (ASX:AGS) insider Ian Gandel acquired 16,811,286 shares of the stock in a transaction on Tuesday, October 1st. The stock was bought at an average price of A$0.14 ($0.10) per share, with a total value of A$2,353,580.04 ($1,669,205.70).

Ian Gandel also recently made the following trade(s):

  • On Tuesday, September 24th, Ian Gandel acquired 6,695,873 shares of Alliance Resources stock. The stock was bought at an average price of A$0.14 ($0.10) per share, with a total value of A$937,422.22 ($664,838.45).
  • On Tuesday, September 17th, Ian Gandel acquired 9,550,527 shares of Alliance Resources stock. The stock was bought at an average price of A$0.14 ($0.10) per share, with a total value of A$1,337,073.78 ($948,279.28).
  • On Tuesday, September 10th, Ian Gandel acquired 2,674,292 shares of Alliance Resources stock. The stock was bought at an average price of A$0.14 ($0.10) per share, with a total value of A$374,400.88 ($265,532.54).

Shares of AGS opened at A$0.14 ($0.10) on Friday. Alliance Resources Limited has a one year low of A$0.08 ($0.06) and a one year high of A$0.15 ($0.11). The company has a 50-day simple moving average of A$0.13 and a two-hundred day simple moving average of A$0.10. The firm has a market capitalization of $21.57 million and a PE ratio of -11.67.

About Alliance Resources

Alliance Resources Limited, together with its subsidiary, operates as a mineral exploration and mining company in Australia. Its flagship property includes the Wilcherry Project comprising 7 exploration licenses covering an area of approximately 1,200 square kilometers located within the southern part of the Gawler Craton in the northern Eyre Peninsula.

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