Genesis Minerals Limited (ASX:GMD) Insider Purchases A$12,859,620.53 in Stock

Genesis Minerals Limited (ASX:GMD) insider Raleigh Finlayson bought 6,300,647 shares of the firm’s stock in a transaction on Thursday, September 5th. The shares were bought at an average cost of A$2.04 ($1.36) per share, with a total value of A$12,859,620.53 ($8,573,080.35).

Genesis Minerals Price Performance

The company has a debt-to-equity ratio of 4.56, a current ratio of 2.14 and a quick ratio of 4.75.

Genesis Minerals Company Profile

Genesis Minerals Limited engages in the exploration and development of gold deposits in Western Australia. It owns 100% interests in the Leonora Gold project located to the north of Kalgoorlie; 65% interest in the Barimaia Gold project located in the Murchison district of Western Australia; and St Barbara’s Leonora assets comprising Gwalia underground mine and Leonora mill, as well as Tower Hill, Zoroastrian, Aphrodite, and Harbour Lights projects.