Michael Blakiston Sells 160,000 Shares of Develop Global (ASX:DVP) Stock

Develop Global Limited (ASX:DVP) insider Michael Blakiston sold 160,000 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of A$4.65, for a total value of A$743,360.00.

Develop Global Price Performance

The company has a quick ratio of 3.80, a current ratio of 1.21 and a debt-to-equity ratio of 11.68. The company has a market capitalization of $776.79 million, a PE ratio of -57.54 and a beta of 1.04.

Develop Global Company Profile

Develop Global Limited, together with its subsidiaries, engages in the exploration and development of mineral resource properties in Australia. It primarily explores for copper, zinc, lead, silver, and gold deposits. The company also provides underground mining services. It holds interest in the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves deposits and tenements, as well as the Whim Creek Joint Venture project, located to the south east of Port Hedland; and the Woodlawn zinc-copper project is located at Lachlan Fold belt in New South Wales.