Insider Buying: Scorpion Minerals Limited (ASX:SCN) Insider Acquires 965,796 Shares of Stock

Scorpion Minerals Limited (ASX:SCN) insider Peter Koller acquired 965,796 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The stock was acquired at an average cost of A$0.02 ($0.01) per share, with a total value of A$18,350.12 ($11,397.59).

Peter Koller also recently made the following trade(s):

• On Friday, February 21st, Peter Koller acquired 920,470 shares of Scorpion Minerals stock. The stock was bought at an average cost of A$0.02 ($0.01) per share, with a total value of A$22,091.28 ($13,721.29).
• On Tuesday, February 25th, Peter Koller acquired 200,000 shares of Scorpion Minerals stock. The stock was bought at an average cost of A$0.02 ($0.01) per share, with a total value of A$4,400.00 ($2,732.92).

Scorpion Minerals Price Performance

The company has a debt-to-equity ratio of 16.94, a quick ratio of 1.84 and a current ratio of 0.33. The firm has a market cap of $6.14 million, a price-to-earnings ratio of -1.99 and a beta of 0.46.

Scorpion Minerals Company Profile

Scorpion Minerals Limited engages in the exploration of mineral resources in Australia. The company explores for gold, copper, nickel, silver, zinc, vanadium, and platinum-group elements. It holds 100% interest in the Pharos project covering an area of 1,335 square kilometers located in the Murchison Mineral Field, Western Australia; and 100% option to acquire the Youanmi Lithium project comprising E57/978, E57/1049, and E57/1056 tenements covering an area of 279 square kilometers located in the East Murchison mineral field.