Martin Eales Buys 75,000 Shares of Rainbow Rare Earths Ltd (RBW) Stock

Rainbow Rare Earths Ltd (LON:RBW) insider Martin Eales acquired 75,000 shares of the stock in a transaction on Friday, October 6th. The shares were acquired at an average price of GBX 13 ($0.17) per share, with a total value of £9,750 ($12,932.75).

Shares of Rainbow Rare Earths Ltd (LON:RBW) opened at 12.875 on Friday. Rainbow Rare Earths Ltd has a 52 week low of GBX 10.00 and a 52 week high of GBX 15.25. The firm’s 50-day moving average price is GBX 11.14 and its 200-day moving average price is GBX 11.86. The firm’s market cap is GBX 19.57 million.

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About Rainbow Rare Earths

Rainbow Rare Earths Limited is a Guernsey-based mining company. The Company is engaged in the exploration and development of the Gakara project, a rare earth deposit in Burundi, East Africa. The Gakara Rare Earth Project is located in the Bujumbura province of Western Burundi, which consists of a mining license and exploration license.

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