Develop Global (ASX:DVP) Insider Purchases A$1,067,024.50 in Stock

Develop Global Limited (ASX:DVP) insider William (Bill) Beament purchased 253,450 shares of Develop Global stock in a transaction on Friday, October 3rd. The stock was bought at an average price of A$4.21 per share, for a total transaction of A$1,067,024.50.

Develop Global Stock Performance

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

About Develop Global

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.