Insider Buying: Peel Mining (ASX:PEX) Insider Purchases A$1,950,000.00 in Stock

Peel Mining Limited (ASX:PEX) insider Nicholas (Nick) Woolrych purchased 13,000,000 shares of the stock in a transaction on Tuesday, January 27th. The shares were acquired at an average cost of A$0.15 per share, for a total transaction of A$1,950,000.00.

Peel Mining Price Performance

The company has a market capitalization of $63.92 million, a P/E ratio of -22.00 and a beta of 1.12.

About Peel Mining

Peel Mining Limited engages in the exploration of base and precious metals in Australia. The company explores for copper, zinc, lead, silver, gold, and tungsten deposits. Its flagship project is the 100% owned Mallee Bull project comprising an area of 85 square kilometers located in the south of Cobar, New South Wales. The company was incorporated in 2006 and is headquartered in West Perth, Australia.