Pascal Blampain Buys 333,333 Shares of Matsa Resources (ASX:MAT) Stock

Matsa Resources Limited (ASX:MAT) insider Pascal Blampain purchased 333,333 shares of the firm’s stock in a transaction that occurred on Wednesday, January 28th. The shares were acquired at an average cost of A$0.07 per share, with a total value of A$23,333.31.

Pascal Blampain also recently made the following trade(s):

• On Friday, December 5th, Pascal Blampain sold 1,500,000 shares of Matsa Resources stock. The shares were sold at an average price of A$0.12, for a total value of A$180,000.00.

Matsa Resources Price Performance

The company has a quick ratio of 0.18, a current ratio of 0.47 and a debt-to-equity ratio of 42.99. The stock has a market cap of $38.10 million, a P/E ratio of -5,584.45 and a beta of 0.63.

About Matsa Resources

Matsa Resources Limited engages in the exploration of mineral resources in Western Australia and Thailand. The company primarily explores for gold, copper, silver, lead, lithium, tin, rare earth elements, and base metals. Its flagship project is the Lake Carey Gold project that comprises approximately 449 square kilometers of prospective tenements within the Laverton Tectonic Zone of the Kurnalpi Terrane in Western Australia's eastern goldfields region, as well as Devon, Fortitude North, Fortitude Stage 2 Gold Mine, and Red October projects located in Australia.