Timothy Goyder Purchases 15,000,000 Shares of Minerals 260 Limited (ASX:MI6) Stock

Minerals 260 Limited (ASX:MI6) insider Timothy Goyder purchased 15,000,000 shares of the stock in a transaction dated Friday, April 11th. The stock was purchased at an average cost of A$0.12 ($0.07) per share, for a total transaction of A$1,725,000.00 ($1,091,772.15).

Minerals 260 Stock Performance

The stock has a market cap of $30.42 million, a PE ratio of -3,948.56 and a beta of 1.73. The company has a quick ratio of 46.21, a current ratio of 17.21 and a debt-to-equity ratio of 5.75.

About Minerals 260

Minerals 260 Limited engages in the exploration and evaluation of mineral resources in Australia. The company explores for gold, platinum, palladium, nickel, copper, lithium, and rare earths elements, as well as precious and battery-related metals. It holds 100% interest in the Aston Critical Minerals project covering 1,709 square kilometers located in the Gascoyne Province of Western Australia; the Moora Gold-Copper-Nickel-PGE project covering approximately 1,100 square kilometers located in south-west Western Australia; the Dingo Rocks project covering approximately 271 square kilometers located in SE Western Australia; and the Yalwest Project located in the north of Perth.