Cyclone Metals Limited (ASX:CLE) Insider Purchases A$17,150.00 in Stock

Cyclone Metals Limited (ASX:CLE) insider Luke Martino purchased 350,000 shares of the firm’s stock in a transaction that occurred on Friday, March 14th. The shares were acquired at an average price of A$0.05 ($0.03) per share, with a total value of A$17,150.00 ($10,923.57).

Cyclone Metals Price Performance

The company has a quick ratio of 2.28, a current ratio of 1.46 and a debt-to-equity ratio of 27.37. The stock has a market cap of $62.05 million, a PE ratio of -5.32 and a beta of 2.49.

About Cyclone Metals

Cyclone Metals Limited, together with its subsidiaries, engages in the investment, exploration, and evaluation of mineral properties in Australia. The company explores for cobalt, lithium, iron ore, copper, uranium, gold, lead, silver, and zinc deposits. Its flagship project is the Block 103 Magnetite Iron Ore project located in Schefferville, Quebec, Canada.