Insider Buying: Red Mountain Resources CEO Acquires 1,489 Shares of Stock (RDMP)
Red Mountain Resources (NASDAQ:RDMP) CEO Alan W. Barksdale purchased 1,489 shares of Red Mountain Resources stock on the open market in a transaction that occurred on Friday, June 20th. The shares were purchased at an average cost of $10.47 per share, for a total transaction of $15,589.83. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Red Mountain Resources (NASDAQ:RDMP) traded down 1.02% during mid-day trading on Tuesday, hitting $3.90. The stock had a trading volume of 3,055 shares. Red Mountain Resources has a 52-week low of $0.50 and a 52-week high of $8.20. The stock has a 50-day moving average of $4.51 and a 200-day moving average of $4.63. The company’s market cap is $57.8 million.
Red Mountain Resources, Inc is an energy company engaged in the acquisition, development and exploration of oil and natural gas properties.
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