Insider Buying: Artemis Resources Ltd (ARV) Insider Acquires 150,000 Shares of Stock

Artemis Resources Ltd (ASX:ARV) insider His Highness Sheikh Maktoum Hasher al Maktoum bought 150,000 shares of the stock in a transaction dated Monday, February 18th. The shares were bought at an average cost of A$0.07 ($0.05) per share, with a total value of A$10,950.00 ($7,765.96).

Shares of ASX ARV remained flat at $A$0.07 ($0.05) during midday trading on Friday. The stock had a trading volume of 918,579 shares, compared to its average volume of 2,840,000. The company has a debt-to-equity ratio of 6.68, a quick ratio of 2.58 and a current ratio of 2.58. The firm has a market capitalization of $46.29 million and a P/E ratio of 3.55. Artemis Resources Ltd has a fifty-two week low of A$0.05 ($0.04) and a fifty-two week high of A$0.59 ($0.42).

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About Artemis Resources

Artemis Resources Limited explores and develops mineral properties in Australia. It explores for gold, cobalt, copper, nickel, zinc, palladium, platinum, and iron ore deposits, as well as platinum group elements. The company primarily focuses on the Pilbara project in Western Australia. Artemis Resources Limited was incorporated in 2003 and is based in Perth, Australia.

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