Insider Buying: Noronex Limited (ASX:NRX) Insider Buys A$14,000.00 in Stock

Noronex Limited (ASX:NRX) insider Robert Klug purchased 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, March 31st. The stock was bought at an average cost of A$0.01 ($0.01) per share, for a total transaction of A$14,000.00 ($8,484.85).

Noronex Stock Performance

The stock has a market capitalization of $7.99 million, a price-to-earnings ratio of -2.86 and a beta of 2.35.

About Noronex

Noronex Limited engages in the exploration of mineral properties in Namibia and Canada. It primarily explores for base and precious metals with a focus on copper. The company focuses on Witvlei, Snowball, and Humpback projects covering an area of approximately 8,700 square kilometers located in Kalahari Copper Belt, Namibia.