Matsa Resources (ASX:MAT) Insider Purchases A$23,333.31 in Stock

Matsa Resources Limited (ASX:MAT) insider Paul Poli purchased 333,333 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was bought at an average cost of A$0.07 per share, with a total value of A$23,333.31.

Matsa Resources Price Performance

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

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.