Insider Buying: Vertex Minerals Limited (ASX:VTX) Insider Buys 80,000 Shares of Stock

Vertex Minerals Limited (ASX:VTX) insider Sean Richardson acquired 80,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The stock was acquired at an average cost of A$0.32 ($0.20) per share, with a total value of A$25,280.00 ($16,101.91).

Vertex Minerals Stock Performance

The stock has a market capitalization of $59.26 million, a P/E ratio of -44.37 and a beta of 0.18. The company has a debt-to-equity ratio of 3.16, a quick ratio of 12.24 and a current ratio of 2.69.

Vertex Minerals Company Profile

Vertex Minerals Limited engages in evaluation and exploration of minerals in New South Wales and Western Australia. The company primarily explores for gold and nickel. Its flagship property is the 100% owned Hill End project comprising 7 exploration licenses, a gold lease, and 10 mining leases located in the eastern Lachlan Fold Belt in New South Wales.