Insider Buying: Aurum Resources (ASX:AUE) Insider Purchases A$424,800.00 in Stock

Aurum Resources Limited (ASX:AUE) insider Steven Zaninovich purchased 590,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was acquired at an average cost of A$0.72 per share, for a total transaction of A$424,800.00.

Aurum Resources Price Performance

The company has a market capitalization of $68.24 million, a price-to-earnings ratio of -11.58 and a beta of 1.66.

About Aurum Resources

Aurum Resources Limited engages in the exploration and development of mineral properties in Australia. The company primarily explores for gold. Its flagship project comprise the Penny South project located along the Youanmi shear system. Aurum Resources Limited was incorporated in 2021 and is based in West Perth, Australia.