Insider Buying: Pantoro Ltd (ASX:PNR) Insider Acquires A$25,200.00 in Stock

Pantoro Ltd (ASX:PNR) insider Paul Cmrlec purchased 350,000 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were acquired at an average price of A$0.07 ($0.05) per share, for a total transaction of A$25,200.00 ($17,872.34).

The stock’s 50 day simple moving average is A$0.09 and its 200 day simple moving average is A$0.14. Pantoro Ltd has a 12-month low of A$0.07 ($0.05) and a 12-month high of A$0.26 ($0.18). The company has a debt-to-equity ratio of 20.50, a quick ratio of 1.14 and a current ratio of 1.34. The company has a market cap of $101.13 million and a price-to-earnings ratio of -3.44.

About Pantoro

Pantoro Limited engages in the exploration of mineral properties. It explores for gold and silver deposits. The company holds interests in the Halls Creek project that comprises the Nicolsons project located in the Kimberley region of Western Australia; and the Grants Creek and Mary River projects. It also holds interests in the Bulolo Gold and Garaina projects in Papua New Guinea.

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