Insider Buying: Metgasco Limited (ASX:MEL) Insider Purchases A$25,000.00 in Stock

Metgasco Limited (ASX:MEL) insider Kenneth (Ken) Aitken acquired 5,000,000 shares of the company’s stock in a transaction dated Tuesday, June 25th. The shares were purchased at an average cost of A$0.01 ($0.00) per share, with a total value of A$25,000.00 ($16,666.67).

Metgasco Stock Performance

The company has a quick ratio of 1.18, a current ratio of 0.89 and a debt-to-equity ratio of 20.37.

Metgasco Company Profile

Metgasco Limited engages in the exploration and development of oil and gas properties in Western Australia. It also invests in and develops related energy infrastructure. The company was incorporated in 1999 and is headquartered in Perth, Australia.