Scorpion Minerals (ASX:SCN) Insider Buys 3,750,000 Shares

Scorpion Minerals Limited (ASX:SCN) insider Peter Koller acquired 3,750,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was purchased at an average price of A$0.04 per share, for a total transaction of A$150,000.00.

Peter Koller also recently made the following trade(s):

• On Monday, February 2nd, Peter Koller purchased 90,000 shares of Scorpion Minerals stock. The shares were purchased at an average price of A$0.04 per share, for a total transaction of A$3,780.00.
• On Wednesday, January 28th, Peter Koller acquired 880,000 shares of Scorpion Minerals stock. The stock was purchased at an average price of A$0.04 per share, with a total value of A$36,080.00.
• On Thursday, January 15th, Peter Koller bought 80,000 shares of Scorpion Minerals stock. The shares were acquired at an average price of A$0.04 per share, for a total transaction of A$3,360.00.
• On Thursday, January 15th, Peter Koller sold 1,000,000 shares of Scorpion Minerals stock. The shares were sold at an average price of A$0.00, for a total value of A$1,000.00.
• On Tuesday, December 23rd, Peter Koller bought 450,000 shares of Scorpion Minerals stock. The stock was acquired at an average cost of A$0.03 per share, with a total value of A$13,950.00.

Scorpion Minerals Price Performance

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

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.