Nusantara Resources Ltd (ASX:NUS) Insider Acquires A$14,702.28 in Stock

Nusantara Resources Ltd (ASX:NUS) insider Kamen Palatov purchased 43,242 shares of the firm’s stock in a transaction on Wednesday, January 8th. The shares were purchased at an average cost of A$0.34 ($0.24) per share, with a total value of A$14,702.28 ($10,427.15).

Kamen Palatov also recently made the following trade(s):

  • On Friday, January 3rd, Kamen Palatov purchased 49,758 shares of Nusantara Resources stock. The shares were purchased at an average cost of A$0.32 ($0.23) per share, with a total value of A$15,922.56 ($11,292.60).
  • On Friday, December 20th, Kamen Palatov purchased 100,000 shares of Nusantara Resources stock. The shares were purchased at an average cost of A$0.34 ($0.24) per share, with a total value of A$33,500.00 ($23,758.87).

ASX NUS traded down A$0.01 ($0.01) on Monday, reaching A$0.34 ($0.24). 127,232 shares of the stock traded hands. The firm’s fifty day simple moving average is A$0.33 and its 200 day simple moving average is A$0.24. The company has a quick ratio of 6.83, a current ratio of 6.83 and a debt-to-equity ratio of 0.17. The company has a market cap of $56.43 million and a price-to-earnings ratio of -25.77. Nusantara Resources Ltd has a 12 month low of A$0.14 ($0.10) and a 12 month high of A$0.47 ($0.33).

Nusantara Resources Company Profile

Nusantara Resources Limited engages in the exploration, evaluation, and development of gold resources in Indonesia. It holds a 100% interest in the Awak Mas gold project that covers an area of 14,390 hectares located in South Sulawesi province, Indonesia. The company was formerly known as Awak Mas Holdings Pty Ltd.

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