Cygnus Metals Limited (ASX:CY5) Insider Buys A$60,000.00 in Stock

Cygnus Metals Limited (ASX:CY5) insider Raymond Shorrocks bought 500,000 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was purchased at an average cost of A$0.12 ($0.08) per share, for a total transaction of A$60,000.00 ($37,735.85).

Raymond Shorrocks also recently made the following trade(s):

• On Thursday, February 6th, Raymond Shorrocks acquired 250,481 shares of Cygnus Metals stock. The shares were acquired at an average price of A$0.12 ($0.08) per share, with a total value of A$30,057.72 ($18,904.23).

Cygnus Metals Price Performance

The company has a debt-to-equity ratio of 4.09, a current ratio of 1.56 and a quick ratio of 5.04.

About Cygnus Metals

Cygnus Metals Limited engages in the exploration of mineral properties in Canada and Western Australia. It explores for lithium, gold, nickel, copper, and platinum group elements. It holds interest in the Pontax lithium project covering an area of 145 square kilometers located in the James Bay Region in Northern Quebec, Canada; the Mitsumis lithium project that covers an area of 121 square kilometers; the Auclair lithium project covering an area of 25.5 square kilometers in James Bay, Quebec; and the Sakami project located in the La Grande greenstone belt.