Alliance Resources Limited (ASX:AGS) insider Ian Gandel purchased 2,674,292 shares of Alliance Resources stock in a transaction dated Tuesday, September 10th. The stock was bought at an average price of A$0.14 ($0.10) per share, for a total transaction of A$374,400.88 ($265,532.54).

Shares of ASX:AGS remained flat at $A$0.14 ($0.10) during midday trading on Thursday. The stock had a trading volume of 239,177 shares, compared to its average volume of 115,506. Alliance Resources Limited has a 1-year low of A$0.08 ($0.06) and a 1-year high of A$0.15 ($0.11). The company has a market cap of $20.56 million and a PE ratio of -11.67. The business has a 50 day moving average of A$0.11 and a two-hundred day moving average of A$0.10.

Alliance Resources Company Profile

Alliance Resources Limited, together with its subsidiary, operates as a mineral exploration and mining company in Australia. Its flagship property includes the Wilcherry Project comprising 7 exploration licenses covering an area of approximately 1,200 square kilometers located within the southern part of the Gawler Craton in the northern Eyre Peninsula.

Recommended Story: Systematic Risk

Receive News & Ratings for Alliance Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliance Resources and related companies with MarketBeat.com's FREE daily email newsletter.