Cauldron Energy (ASX:CXU) Insider Acquires A$149,597.24 in Stock

Cauldron Energy Limited (ASX:CXU) insider Derong Qiu purchased 9,973,149 shares of the company’s stock in a transaction dated Tuesday, December 23rd. The shares were purchased at an average cost of A$0.02 per share, for a total transaction of A$149,597.24.

Cauldron Energy Price Performance

The firm has a market cap of $16.08 million, a price-to-earnings ratio of -2.91 and a beta of 0.70.

Cauldron Energy Company Profile

Cauldron Energy Limited operates as a mineral exploration and development company in Australia and Argentina. It explores for uranium, gold, and sand deposits. The company holds a 100% interest in the Yanrey project comprising 12 granted exploration tenements covering an area of approximately 1,270 square kilometers located northwest of Western Australia; and the River sands project that covers an area of approximately 286 square kilometers situated at the mouths of the Carnarvon, Onslow, and Derby rivers in Western Australia.