15 Cheapest Stocks Insiders Are Buying In March

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2. Liberty Star Uranium & Metals Corp. (OTCQB:LBSR)

Market Capitalization: $6.03 million

Liberty Star Uranium & Metals is a mineral resource company focused on acquiring and exploring mineral properties in Arizona. The Tucson, Arizona-based company primarily explores for copper, gold, silver, uranium, and other metals, with its main property being the Hay Mountain Property, which covers over 14,000 acres.

Recently, the company described 2024 as a breakthrough year for its exploration efforts, with significant discoveries at its Red Rock Canyon Gold Project and Hay Mountain Project in southeast Arizona. The company completed its first-ever drilling at Hay Mountain, confirming the potential for a large-scale porphyry copper-gold system and made bonanza-grade gold discoveries at Red Rock Canyon. Liberty Star is seeking a joint venture partnership to advance both projects, which are located in a regionally significant mineral system extending from Arizona into northern Mexico.

This month, four insiders, including the CFO, bought around $326,402 worth of Liberty Star Uranium & Metals shares at an average price of $0.09 per share. The stock gained 2.05% since the beginning of the year and now trades at $0.11 per share. Over the past 12 months, its shares have lost 72.62%.

The analyst coverage on Liberty Star Uranium & Metals is currently limited.

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