Ironbark Zinc Limited (ASX:IBG) Insider Acquires A$112,000.00 in Stock

Ironbark Zinc Limited (ASX:IBG) insider Danny Segman bought 7,000,000 shares of the firm’s stock in a transaction on Thursday, July 4th. The stock was acquired at an average cost of A$0.02 ($0.01) per share, with a total value of A$112,000.00 ($79,432.62).

Shares of ASX:IBG opened at A$0.02 ($0.01) on Friday. Ironbark Zinc Limited has a fifty-two week low of A$0.02 ($0.01) and a fifty-two week high of A$0.05 ($0.04). The stock has a 50-day simple moving average of A$0.02. The stock has a market cap of $12.77 million and a price-to-earnings ratio of -6.00.

Ironbark Zinc Company Profile

Ironbark Zinc Limited explores for and evaluates mineral properties in Greenland and Australia. The company primarily explores for zinc, gold, copper, silver, lead, and base and precious metals. Its principal project is the Citronen project in northern-Greenland. The company was formerly known as Ironbark Gold Limited and changed its name to Ironbark Zinc Limited in November 2009.

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