Rainbow Rare Earths Ltd (RBW) Insider Adonis Pouroulis Buys 2,496,917 Shares

Rainbow Rare Earths Ltd (LON:RBW) insider Adonis Pouroulis purchased 2,496,917 shares of the company’s stock in a transaction on Wednesday, August 8th. The stock was acquired at an average cost of GBX 12 ($0.15) per share, for a total transaction of £299,630.04 ($386,519.66).

RBW stock remained flat at $GBX 11.88 ($0.15) during trading on Friday. The company had a trading volume of 23,067 shares, compared to its average volume of 359,313. Rainbow Rare Earths Ltd has a twelve month low of GBX 10.21 ($0.13) and a twelve month high of GBX 20 ($0.26).

About Rainbow Rare Earths

Rainbow Rare Earths Limited, a mining company, explores for, evaluates, develops, and produces rare earth deposits. It owns a 100% interest in the Gakara project that includes a mining and exploration license covering an area of approximately 135 square kilometers located in the Bujumbura province of Western Burundi.

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