Kate Stoney Acquires 500,000 Shares of Scorpion Minerals (ASX:SCN) Stock

Scorpion Minerals Limited (ASX:SCN) insider Kate Stoney bought 500,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was bought at an average price of A$0.04 per share, with a total value of A$20,000.00.

Kate Stoney also recently made the following trade(s):

• On Monday, December 1st, Kate Stoney purchased 500,000 shares of Scorpion Minerals stock. The shares were bought at an average price of A$0.03 per share, for a total transaction of A$13,000.00.

Scorpion Minerals Stock Performance

The firm has a market cap of $6.14 million, a price-to-earnings ratio of -1.99 and a beta of 0.46. The company has a quick ratio of 1.84, a current ratio of 0.33 and a debt-to-equity ratio of 16.94.

About Scorpion Minerals

Scorpion Minerals Limited engages in the exploration of mineral resources in Australia. The company explores for gold, copper, nickel, silver, zinc, vanadium, and platinum-group elements. It holds 100% interest in the Pharos project covering an area of 1,335 square kilometers located in the Murchison Mineral Field, Western Australia; and 100% option to acquire the Youanmi Lithium project comprising E57/978, E57/1049, and E57/1056 tenements covering an area of 279 square kilometers located in the East Murchison mineral field.