Horseshoe Metals (ASX:HOR) Insider Buys A$70,500.00 in Stock

Horseshoe Metals Limited (ASX:HOR) insider Kate Stoney bought 1,500,000 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was purchased at an average price of A$0.05 per share, for a total transaction of A$70,500.00.

Horseshoe Metals Price Performance

The company has a quick ratio of 1.05, a current ratio of 0.04 and a debt-to-equity ratio of -162.91. The firm has a market cap of $9.95 million, a PE ratio of -8.27 and a beta of 0.29.

About Horseshoe Metals

Horseshoe Metals Limited engages in the exploration and development of mineral properties in Australia. The company explores for copper and gold deposits. It owns 100% interests in the Horseshoe Lights project that comprises seventeen tenements covering an area of approximately 285 square kilometers located in Bryah Basin region of Western Australia; and the Kumarina project that consists of a small mining lease and a mining lease covering approximately 3.2 square kilometers located in the Gascoyne region of Western Australia.