Strategic Elements (ASX:SOR) Insider Charles Murphy Acquires 2,500,000 Shares of Stock

Strategic Elements Ltd (ASX:SOR) insider Charles Murphy bought 2,500,000 shares of the company’s stock in a transaction on Friday, November 28th. The stock was bought at an average cost of A$0.05 per share, for a total transaction of A$135,000.00.

Strategic Elements Stock Performance

The firm has a market cap of $20.16 million, a PE ratio of -7.43 and a beta of 0.98.

About Strategic Elements

Strategic Elements Ltd invests in companies focusing on rare earths and rare metals exploration and materials development. The company, through its subsidiary, Strategic Materials Pty Limited, holds a 100% interest in 5 granted tenements in the South Island of New Zealand, Queensland, and New South Wales and an application for a tenement in Western Australia.