Insider Buying: Greenpower Energy Limited (ASX:GPP) Insider Acquires 9,375,000 Shares of Stock

Greenpower Energy Limited (ASX:GPP) insider Cameron McLean purchased 9,375,000 shares of the firm’s stock in a transaction on Friday, May 24th. The shares were acquired at an average cost of A$0.00 ($0.00) per share, for a total transaction of A$18,750.00 ($13,297.87).

GPP remained flat at $A$0.00 ($0.00) on Tuesday. The company had a trading volume of 670,000 shares. The stock has a market capitalization of $1.69 million and a price-to-earnings ratio of -0.25. Greenpower Energy Limited has a 12 month low of A$0.00 ($0.00) and a 12 month high of A$0.01 ($0.01).

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Greenpower Energy Company Profile

Greenpower Energy Limited engages in the research and development of coal to liquid project in Australia. It also explores for lithium, tantalum, and rare earth elements. The company holds interests in the Pretoria project in the Northern Territory; and Guyana Lithium/Tantalum project. In addition, it holds interests in an exploration license for an area situated in the Latrobe Valley, Victoria.

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