Insider Buying: CuFe (ASX:CUF) Insider Purchases A$240,000.00 in Stock

CuFe Ltd (ASX:CUF) insider Mark Hancock bought 5,000,000 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were bought at an average cost of A$0.05 per share, for a total transaction of A$240,000.00.

Mark Hancock also recently made the following trade(s):

• On Tuesday, November 25th, Mark Hancock sold 2,500,000 shares of CuFe stock. The shares were sold at an average price of A$0.04, for a total value of A$100,000.00.
• On Wednesday, November 26th, Mark Hancock acquired 15,000,000 shares of CuFe stock. The stock was bought at an average cost of A$0.02 per share, for a total transaction of A$285,000.00.

CuFe Price Performance

The firm has a market cap of $10.69 million, a P/E ratio of -0.78 and a beta of 1.56.

CuFe Company Profile

CuFe Ltd operates as a mineral exploration and producing company. The company explores for lithium, copper, iron ore, gold, niobium, and base metal deposits, as well as rare earth elements. The company holds 100% interest in the JWD iron ore mine project located in the Western Australia; and 55% interest in the Tennant Creek project, as well as 50% interest in the Yarram Iron Ore project located in the Northern Territory. It also holds interests in the Bryah Basin, North Dam, Morck Well, Peak Hill, and Mt Ida projects located in Western Australia and the Northern Territory, Australia; and exploration tenements comprising E80/5925 located in the West Arunta region and P45/3061 located in the Tambourah region of Pilbara.