Middle Island Resources (ASX:MDI) Insider Daniel Raihani Acquires 4,000,000 Shares

Middle Island Resources Limited (ASX:MDI) insider Daniel Raihani acquired 4,000,000 shares of the company’s stock in a transaction dated Monday, December 22nd. The shares were purchased at an average cost of A$0.03 per share, with a total value of A$120,000.00.

Daniel Raihani also recently made the following trade(s):

• On Thursday, December 18th, Daniel Raihani bought 2,000,000 shares of Middle Island Resources stock. The stock was acquired at an average cost of A$0.03 per share, for a total transaction of A$56,000.00.
• On Thursday, December 18th, Daniel Raihani purchased 4,331,104 shares of Middle Island Resources stock. The shares were acquired at an average price of A$0.03 per share, for a total transaction of A$125,602.02.
• On Tuesday, November 11th, Daniel Raihani purchased 668,896 shares of Middle Island Resources stock. The shares were acquired at an average cost of A$0.03 per share, with a total value of A$22,742.46.

Middle Island Resources Price Performance

The company has a market capitalization of $4.10 million, a P/E ratio of -1.97 and a beta of 0.27.

About Middle Island Resources

Middle Island Resources Limited engages in the identification, acquisition, and exploration of mineral assets in Australia. It explores for copper and gold. The company holds a 100% interest in the Barkly project that comprises 16 exploration licenses covering an area of approximately 6,918 square kilometers located in the Barkly region of the Northern Territory. Middle Island Resources Limited was incorporated in 2010 and is headquartered in West Perth, Australia.