Insider Buying: CuFe (ASX:CUF) Insider Purchases 20,000,000 Shares of Stock

CuFe Ltd (ASX:CUF) insider Antony (Tony) Sage acquired 20,000,000 shares of CuFe stock in a transaction on Thursday, November 6th. The stock was purchased at an average cost of A$0.01 per share, for a total transaction of A$180,000.00.

CuFe Stock Performance

The company has a market capitalization of $10.69 million, a P/E ratio of -0.78 and a beta of 1.56.

About CuFe

CuFe Ltd operates as a mineral exploration and producing company. The company explores for lithium, copper, iron ore, gold, niobium, and base metal deposits, as well as rare earth elements. The company holds 100% interest in the JWD iron ore mine project located in the Western Australia; and 55% interest in the Tennant Creek project, as well as 50% interest in the Yarram Iron Ore project located in the Northern Territory.