Infinity Mining Limited (ASX:IMI) Insider Acquires A$120,203.62 in Stock

Infinity Mining Limited (ASX:IMI) insider Alan Phillips bought 5,008,484 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was acquired at an average cost of A$0.02 ($0.02) per share, for a total transaction of A$120,203.62 ($76,562.81).

Infinity Mining Stock Performance

The company has a quick ratio of 12.70, a current ratio of 1.20 and a debt-to-equity ratio of 0.60.

Infinity Mining Company Profile

Infinity Mining Limited engages in the exploration and evaluation of mineral properties. The company explores for gold, copper, zinc, nickel, and lithium deposits. It holds 100% interests in the Pilbara projects that comprises 14 exploration licenses covering an area of 781 square kilometers located in the Pilbara region of Western Australia; and the Central Goldfields project comprising 7 prospecting licenses, 2 granted mining lease, and 1 exploration license covering an area of 13.81 square kilometers located in the Leonora region of Western Australia.