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

Reabold Resources Plc (LON:RBD) insider Stephen Williams bought 90,906,360 shares of the company’s stock in a transaction dated Monday, June 16th. The shares were acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £909,063.60 ($1,219,892.11).

Reabold Resources Stock Performance

Shares of RBD opened at GBX 0.06 ($0.00) on Thursday. The company has a quick ratio of 34.15, a current ratio of 45.39 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average price is GBX 0.04 and its 200-day moving average price is GBX 0.05. Reabold Resources Plc has a 52 week low of GBX 0.04 ($0.00) and a 52 week high of GBX 0.09 ($0.00). The stock has a market cap of £6.22 million, a P/E ratio of -2.03 and a beta of 1.44.

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

Reabold Resources Company Profile

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.