Insider Buying: Polymetals Resources Ltd (ASX:POL) Insider Buys A$30,000.00 in Stock

Polymetals Resources Ltd (ASX:POL) insider David Sproule acquired 37,500 shares of the company’s stock in a transaction on Monday, March 17th. The shares were bought at an average price of A$0.80 ($0.50) per share, for a total transaction of A$30,000.00 ($18,867.92).

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

• On Monday, March 10th, David Sproule acquired 500,000 shares of Polymetals Resources stock. The shares were bought at an average price of A$0.80 ($0.50) per share, for a total transaction of A$400,000.00 ($251,572.33).
• On Thursday, December 19th, David Sproule acquired 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 ($55,031.45).

Polymetals Resources Stock Performance

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

About Polymetals Resources

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.