Frontera Resources Corp (LON:FRR) insider Zaza Mamulaishvili bought 172,413,792 shares of the company’s stock in a transaction on Wednesday, October 4th. The stock was bought at an average price of GBX 1 ($0.01) per share, for a total transaction of £1,724,137.92 ($2,266,812.94).

Frontera Resources Corp (LON FRR) opened at 0.62 on Wednesday. The company’s market capitalization is GBX 55.06 million. The firm has a 50-day moving average of GBX 0.34 and a 200-day moving average of GBX 0.27. Frontera Resources Corp has a 52 week low of GBX 0.05 and a 52 week high of GBX 0.88.

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Frontera Resources Corp Company Profile

Frontera Resources Corporation, together with its subsidiaries, engages in the exploration and development of oil and gas projects. The company focuses on the development of reserves in known hydrocarbon-bearing basins. It holds a 100% working interest in Block 12 covering an area of approximately 5,550 square kilometers located in the eastern Georgia.

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