Insider Buying: Minerals 260 (ASX:MI6) Insider Buys 750,000 Shares of Stock

Minerals 260 Limited (ASX:MI6) insider David Richards acquired 750,000 shares of Minerals 260 stock in a transaction that occurred on Wednesday, December 17th. The stock was purchased at an average price of A$0.20 per share, with a total value of A$146,250.00.

Minerals 260 Stock Performance

The company has a debt-to-equity ratio of 5.75, a current ratio of 17.21 and a quick ratio of 46.21. The firm has a market capitalization of $30.42 million, a price-to-earnings ratio of -3,948.56 and a beta of 1.73.

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.