Armada Metals Limited (ASX:AMM) Insider Purchases A$15,000.00 in Stock

Armada Metals Limited (ASX:AMMGet Free Report) insider Ross McGowan bought 750,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 29th. The shares were acquired at an average price of A$0.02 ($0.01) per share, with a total value of A$15,000.00 ($10,067.11).

Armada Metals Stock Performance

The company has a debt-to-equity ratio of 157.23, a quick ratio of 0.82 and a current ratio of 0.19.

About Armada Metals

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Armada Metals Limited engages in the exploration and evaluation of mineral resource properties in Australia. It holds 100% interest in the Nyanga Magmatic nickel copper project with two exploration licenses covering approximately 2,725 square kilometers located in Southern Gabon. The company was incorporated in 2021 and is based in Sydney, Australia.

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