Lindian Resources Limited (ASX:LIN) Insider Robert Martin Buys 1,000,000 Shares

Lindian Resources Limited (ASX:LIN) insider Robert Martin acquired 1,000,000 shares of Lindian Resources stock in a transaction on Friday, May 2nd. The shares were purchased at an average cost of A$0.10 ($0.06) per share, with a total value of A$100,000.00 ($64,102.56).

Lindian Resources Stock Performance

The stock has a market capitalization of $115.32 million, a price-to-earnings ratio of -23.93 and a beta of 0.26.

Lindian Resources Company Profile

Lindian Resources Limited, together with its subsidiaries, engages in the exploration of mineral properties in Tanzania, Guinea, Malawi, and Australia. It primarily explores for gold, bauxite, and rare earths mineral ores. The company focuses on the Gaoual Bauxite project, Woula Bauxite project, and Lelouma Bauxite project located in Guinea, West Africa; Lushoto and Pare Bauxite projects located in Tanzania; and Kangankunde rare earths project located in Malawi.