Raymond Shorrocks Purchases 500,000 Shares of Cygnus Metals Limited (ASX:CY5) Stock

Cygnus Metals Limited (ASX:CY5) insider Raymond Shorrocks acquired 500,000 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The shares were acquired at an average cost of A$0.12 ($0.08) per share, with a total value of A$60,000.00 ($38,216.56).

Raymond Shorrocks also recently made the following trade(s):

• On Thursday, February 6th, Raymond Shorrocks purchased 250,481 shares of Cygnus Metals stock. The stock was acquired at an average cost of A$0.12 ($0.08) per share, for a total transaction of A$30,057.72 ($19,145.04).

Cygnus Metals Stock Performance

The stock has a market capitalization of $114.65 million, a price-to-earnings ratio of -5.00 and a beta of 1.08.

About Cygnus Metals

Cygnus Metals Limited engages in the exploration of mineral properties in Canada and Western Australia. It explores for lithium, gold, nickel, copper, and platinum group elements. It holds interest in the Pontax lithium project covering an area of 145 square kilometers located in the James Bay Region in Northern Quebec, Canada; the Mitsumis lithium project that covers an area of 121 square kilometers; the Auclair lithium project covering an area of 25.5 square kilometers in James Bay, Quebec; and the Sakami project located in the La Grande greenstone belt.