Vane Minerals (LON:ROSE) rose 0% during trading on Monday following insider buying activity. The company traded as high as GBX 3 ($0.04) and last traded at GBX 2.85 ($0.04). Approximately 1,968,896 shares changed hands during trading, an increase of 401% from the average daily volume of 392,665 shares. The stock had previously closed at GBX 2.85 ($0.04).
Specifically, insider Christopher Eadie purchased 210,550 shares of the company’s stock in a transaction on Monday, April 9th. The shares were bought at an average cost of GBX 2 ($0.03) per share, with a total value of £4,211 ($5,951.94).
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About Vane Minerals
Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in approximately 263,000 gross acres located in the Uinta and Paradox Basins of eastern Utah. It also acquires, evaluates, explores for, develops, and operates gold, silver, uranium, and copper mines in Mexico.
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