Insider Buying: Tesoro Gold (ASX:TSO) Insider Buys 700,000 Shares of Stock

Tesoro Gold Ltd (ASX:TSO) insider Zeffron Reeves purchased 700,000 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were purchased at an average cost of A$1.19 per share, with a total value of A$833,000.00.

Tesoro Gold Price Performance

The company has a current ratio of 0.68, a quick ratio of 4.92 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $41.94 million, a P/E ratio of -91.17 and a beta of 0.55.

About Tesoro Gold

Tesoro Gold Ltd engages in the acquisition, exploration, and development of resource projects in Chile. The company primarily explores for gold deposits. It holds 85% interest in the El Zorro Gold project covering an area of approximately 555 square kilometers located in northern Chile. The company was formerly known as Tesoro Resources Limited and changed its name to Tesoro Gold Limited in April 2022. Tesoro Gold Ltd was founded in 2017 and is based in West Perth, Australia.