Stratex International (STI) Trading 0% Higher After Insider Buying Activity
Stratex International plc (LON:STI) traded up 0% during mid-day trading on Monday following insider buying activity. The company traded as high as GBX 0.70 ($0.01) and last traded at GBX 0.70 ($0.01). 2,423,089 shares changed hands during mid-day trading, an increase of 88% from the average session volume of 1,290,000 shares. The stock had previously closed at GBX 0.70 ($0.01).
Specifically, insider Tim Livesey bought 856,659 shares of the firm’s stock in a transaction on Monday, March 19th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £8,566.59 ($11,835.58).
The firm has a market cap of $2.50 and a price-to-earnings ratio of -70.00.
About Stratex International
Stratex International Plc is a United Kingdom-based exploration and development company. The Company is focused on exploration and development of gold. The Company has projects in Turkey and Senegal and strategic interests in East Africa and Ghana. The Company has discovered over 2.2 million ounces of gold and 7.9 million ounces of silver.
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