Insider Buying: First Au (ASX:FAU) Insider Acquires 4,000,000 Shares of Stock

First Au Limited (ASX:FAU) insider Piers Lewis purchased 4,000,000 shares of First Au stock in a transaction on Thursday, February 5th. The shares were acquired at an average price of A$0.01 per share, with a total value of A$52,000.00.

First Au Price Performance

The stock has a market cap of $4.14 million, a price-to-earnings ratio of -2.93 and a beta of 0.90.

About First Au

First Au Limited explores for gold and base metal deposits in Western Australia and Victoria. The company holds 100% interests in the Gimlet gold project located in the northwest of Kalgoorlie, Western Australia; and the Victorian Gold project. It also has an agreement to acquire 100% interests in the Kasepaarada Lithium project consists of 6 granted prospecting licenses covering an area of approximately 898 square kilometers located in the northwest of Accra, Ghana. First Au Limited was incorporated in 1960 and is based in Balwyn, Australia.