Daniel Loughnan Buys 6,000,000 Shares of Strategic Energy Resources (ASX:SER) Stock

Strategic Energy Resources Limited (ASX:SER) insider Daniel Loughnan purchased 6,000,000 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were purchased at an average cost of A$0.01 per share, for a total transaction of A$54,000.00.

Strategic Energy Resources Price Performance

The firm has a market capitalization of $4.03 million, a price-to-earnings ratio of -3.14 and a beta of 0.61.

Strategic Energy Resources Company Profile

Strategic Energy Resources Limited explores for and develops mineral properties in Australia. The company explores copper, gold, and mineral sands. It holds 100% interests in the East Tennant copper-gold project located in Northern Territory; and the Ambergate heavy mineral sands project located in Western Australia, as well as the South Cobar, East Cowal, South Cowal, Northeast Mundi, and Garema projects located in New South Wales. The company also holds interests in the Gawler Craton copper-gold project located in South Australia; and the Isa North project situated in Queensland.