Reabold Resources (LON:RBD) Insider Sachin Oza Sells 45,500 Shares

Reabold Resources Plc (LON:RBD) insider Sachin Oza sold 45,500 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of GBX 90, for a total value of £40,950.

Sachin Oza also recently made the following trade(s):

• On Tuesday, May 26th, Sachin Oza acquired 21,500 shares of Reabold Resources stock. The stock was bought at an average cost of GBX 93 per share, for a total transaction of £19,995.
• On Tuesday, May 26th, Sachin Oza acquired 24,000 shares of Reabold Resources stock. The stock was bought at an average cost of GBX 92 per share, for a total transaction of £22,080.

Reabold Resources Stock Up 2.0%

LON RBD opened at GBX 94.85 on Wednesday. The stock’s 50-day moving average price is GBX 102.53 and its 200-day moving average price is GBX 84.72. The company has a quick ratio of 34.15, a current ratio of 45.39 and a debt-to-equity ratio of 0.16. Reabold Resources Plc has a 52 week low of GBX 35 and a 52 week high of GBX 160. The company has a market capitalization of £13.95 billion, a P/E ratio of -4,742.50 and a beta of 1.44.

Reabold Resources Company Profile

Reabold Resources plc is an investing company investing in the exploration and production (“E&P”) sector. The Company’s investing policy is to acquire direct and indirect interests in exploration and producing projects and assets in the natural resources sector, and consideration is currently given to investment opportunities anywhere in the world.

As an investor in upstream oil & gas projects, Reabold aims to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.

Reabold’s long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company.