Reabold Resources Plc (LON:RBD) Insider Stephen Williams Buys 90,906,360 Shares of Stock

Reabold Resources Plc (LON:RBD) insider Stephen Williams acquired 90,906,360 shares of the company’s stock in a transaction dated Monday, June 16th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £909,063.60 ($1,233,632.24).

Reabold Resources Trading Up 21.6%

Shares of RBD stock opened at GBX 0.06 ($0.00) on Tuesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 34.15 and a current ratio of 45.39. The stock has a market capitalization of £6.32 million, a P/E ratio of -2.03 and a beta of 1.44. The company has a 50 day moving average price of GBX 0.04 and a 200 day moving average price of GBX 0.05. Reabold Resources Plc has a fifty-two week low of GBX 0.04 ($0.00) and a fifty-two week high of GBX 0.09 ($0.00).

Reabold Resources (LON:RBD) last posted its quarterly earnings results on Wednesday, June 11th. The company reported GBX (0.03) ($0.00) EPS for the quarter. Equities research analysts predict that Reabold Resources Plc will post -0.01 EPS for the current fiscal year.

About Reabold Resources

Reabold Resources plc is an investing company investing in the exploration and production (“E&P”) sector. The Company’s investing policy is to acquire direct and indirect interests in exploration and producing projects and assets in the natural resources sector, and consideration is currently given to investment opportunities anywhere in the world.

As an investor in upstream oil & gas projects, Reabold aims to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.

Reabold’s long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company.