Cobra Resources plc (LON:COBR) Insider David Clarke Acquires 1,406,387 Shares

Cobra Resources plc (LON:COBR) insider David Clarke bought 1,406,387 shares of the company’s stock in a transaction on Thursday, July 11th. The shares were bought at an average price of GBX 97 ($1.24) per share, for a total transaction of £1,364,195.39 ($1,747,400.27).

Cobra Resources Stock Performance

Shares of COBR stock opened at GBX 1.03 ($0.01) on Friday. The company has a market capitalization of £7.45 million, a P/E ratio of -145.00 and a beta of 0.71. The company’s 50 day moving average price is GBX 1.16 and its two-hundred day moving average price is GBX 1.07. Cobra Resources plc has a 52 week low of GBX 0.70 ($0.01) and a 52 week high of GBX 1.50 ($0.02).

Cobra Resources Company Profile

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.