Insider Buying: White Cliff Minerals Limited (ASX:WCN) Insider Buys 35,000,000 Shares of Stock

White Cliff Minerals Limited (ASX:WCN) insider Eric Sondergaard acquired 35,000,000 shares of the business’s stock in a transaction that occurred on Friday, May 30th. The shares were acquired at an average cost of A$0.03 ($0.02) per share, with a total value of A$980,000.00 ($636,363.64).

White Cliff Minerals Price Performance

The firm has a market capitalization of $36.01 million, a price-to-earnings ratio of -2.11 and a beta of -0.04.

White Cliff Minerals Company Profile

White Cliff Minerals Limited engages in the exploration of mineral properties in Australia. It explores for lithium, rare earth elements (REE), gold, copper, nickel, and cobalt deposits. The company holds 100% interests in the Hines Hill REE project consists of two adjoining tenements covering an area of 576 square kilometers, located in the wheatbelt region, near east of Perth along the Great Eastern Highway; the Diemals Li/REE project consists of 6 tenements covering an area of 2,427 square kilometers, located near east of Paynes Find; the Preston River Lithium project located near the north of the Greenbushes; and the Reedy South Gold project covers an area of 272 square kilometers, located within the Meekatharra-Wydgee greenstone belt.