Cyclone Metals Limited (ASX:CLE) Insider Luke Martino Buys 350,000 Shares

Cyclone Metals Limited (ASX:CLE) insider Luke Martino purchased 350,000 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was acquired at an average cost of A$0.05 ($0.03) per share, with a total value of A$17,150.00 ($10,923.57).

Cyclone Metals Price Performance

The stock has a market capitalization of $62.05 million, a PE ratio of -5.32 and a beta of 2.49. The company has a debt-to-equity ratio of 27.37, a quick ratio of 2.28 and a current ratio of 1.46.

Cyclone Metals Company Profile

Cyclone Metals Limited, together with its subsidiaries, engages in the investment, exploration, and evaluation of mineral properties in Australia. The company explores for cobalt, lithium, iron ore, copper, uranium, gold, lead, silver, and zinc deposits. Its flagship project is the Block 103 Magnetite Iron Ore project located in Schefferville, Quebec, Canada.