Insider Buying: Minotaur Exploration Ltd (ASX:MEP) Insider Purchases A$24,196.45 in Stock

Minotaur Exploration Ltd (ASX:MEP) insider Roger Higgins acquired 864,159 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were acquired at an average cost of A$0.03 ($0.02) per share, for a total transaction of A$24,196.45 ($17,160.60).

ASX:MEP opened at A$0.03 ($0.02) on Thursday. The stock has a fifty day moving average price of A$0.03 and a two-hundred day moving average price of A$0.05. The stock has a market capitalization of $9.47 million and a price-to-earnings ratio of -3.71. The company has a debt-to-equity ratio of 22.67, a quick ratio of 1.38 and a current ratio of 1.60. Minotaur Exploration Ltd has a 1 year low of A$0.02 ($0.02) and a 1 year high of A$0.08 ($0.05).

About Minotaur Exploration

Minotaur Exploration Limited engages in the exploration, evaluation, and development of mineral tenements in Australia. The company explores for copper, gold, nickel, silver, lead, and zinc deposits. It holds interests in various mineral exploration tenements located in South Australia, New South Wales, Victoria, Queensland, and Western Australia.

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