David Clarke Buys 250,000 Shares of Cobra Resources plc (LON:COBR) Stock

Cobra Resources plc (LON:COBR) insider David Clarke bought 250,000 shares of the company’s stock in a transaction on Monday, October 7th. The shares were acquired at an average price of GBX 1 ($0.01) per share, with a total value of £2,500 ($3,271.82).

David Clarke also recently made the following trade(s):

• On Friday, October 4th, David Clarke bought 350,000 shares of Cobra Resources stock. The shares were acquired at an average price of GBX 1 ($0.01) per share, with a total value of £3,500 ($4,580.55).
• On Thursday, July 11th, David Clarke bought 1,406,387 shares of Cobra Resources stock. The shares were acquired at an average price of GBX 97 ($1.27) per share, with a total value of £1,364,195.39 ($1,785,362.37).

Cobra Resources Trading Up 10.4 %

LON:COBR opened at GBX 1.33 ($0.02) on Tuesday. The firm has a 50-day moving average price of GBX 0.98 and a two-hundred day moving average price of GBX 1.07. Cobra Resources plc has a twelve month low of GBX 0.70 ($0.01) and a twelve month high of GBX 1.50 ($0.02). The company has a market capitalization of £9.63 million, a P/E ratio of -145.00 and a beta of 0.74.

About Cobra Resources

Cobra Resources plc, together with its subsidiaries, explores, develops, and mines precious and base metal projects. The company explores for gold, copper, uranium, and iron oxide deposits. It owns 100% interest in the Wudinna Gold project located in Gawler Craton, South Australia. In addition, it holds 100% interest in the Prince Alfred project located in South Australia.