Landore Resources Limited (LON:LND) Insider Glenn Featherby Acquires 300,000 Shares

Landore Resources Limited (LON:LNDGet Free Report) insider Glenn Featherby bought 300,000 shares of the stock in a transaction that occurred on Thursday, April 3rd. The stock was bought at an average cost of GBX 4 ($0.05) per share, for a total transaction of £12,000 ($15,473.89).

Landore Resources Price Performance

Shares of LON:LND opened at GBX 3.40 ($0.04) on Friday. The company’s fifty day moving average price is GBX 3.59 and its 200-day moving average price is GBX 3.70. The firm has a market capitalization of £10.83 million, a price-to-earnings ratio of -2.93 and a beta of -0.15. Landore Resources Limited has a one year low of GBX 2.10 ($0.03) and a one year high of GBX 6 ($0.08).

About Landore Resources

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Landore Resources (AIM: LND) is the 100% owner of the highly prospective BAM Gold Project, Northwestern Ontario, Canada, which has a resource estimate of 1.5M oz Au.

Landore Resource’s strategic objective is to crystallise value from BAM’s last estimated NPV of US$333.6m @ US$1,800/oz spot (from May 2022 PEA), as well as generating additional value from its non-core portfolio of precious and battery metals projects in eastern Canada and the USA.

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