Insider Buying: Polymetals Resources Ltd (ASX:POL) Insider Acquires 500,000 Shares of Stock

Polymetals Resources Ltd (ASX:POLGet Free Report) insider David Sproule purchased 500,000 shares of Polymetals Resources stock in a transaction that occurred on Monday, March 10th. The shares were bought at an average price of A$0.80 ($0.51) per share, for a total transaction of A$400,000.00 ($253,164.56).

David Sproule also recently made the following trade(s):

  • On Thursday, December 19th, David Sproule purchased 250,000 shares of Polymetals Resources stock. The shares were bought at an average price of A$0.35 ($0.22) per share, for a total transaction of A$87,500.00 ($55,379.75).

Polymetals Resources Stock Performance

The company has a quick ratio of 6.48, a current ratio of 1.94 and a debt-to-equity ratio of 9.34. The stock has a market capitalization of $158.11 million, a PE ratio of -39.34 and a beta of 0.95.

Polymetals Resources Company Profile

(Get Free Report)

Polymetals Resources Ltd engages in the exploration and development of gold projects in West Africa. The company holds interests in the Alahiné licence covering an area of approximately 64.2 square kilometers; and the Mansala licence covering an area of approximately 48.2 square kilometers located in the Siguiri Basin.

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