Insider Buying: Noronex Limited (ASX:NRX) Insider Acquires 7,608,528 Shares of Stock

Noronex Limited (ASX:NRX) insider James Thompson bought 7,608,528 shares of Noronex stock in a transaction that occurred on Monday, March 17th. The shares were acquired at an average cost of A$0.01 ($0.01) per share, with a total value of A$106,519.39 ($67,846.75).

Noronex Stock Performance

The firm has a market cap of $7.99 million, a P/E ratio of -2.86 and a beta of 2.35.

Noronex Company Profile

Noronex Limited engages in the exploration of mineral properties in Namibia and Canada. It primarily explores for base and precious metals with a focus on copper. The company focuses on Witvlei, Snowball, and Humpback projects covering an area of approximately 8,700 square kilometers located in Kalahari Copper Belt, Namibia.