Mark Connelly Purchases 50,000 Shares of Calidus Resources Limited (ASX:CAI) Stock

Calidus Resources Limited (ASX:CAI) insider Mark Connelly purchased 50,000 shares of the business’s stock in a transaction dated Friday, June 4th. The stock was bought at an average cost of A$0.49 ($0.35) per share, for a total transaction of A$24,500.00 ($17,500.00).

The company has a quick ratio of 13.24, a current ratio of 13.26 and a debt-to-equity ratio of 1.07.

About Calidus Resources

Calidus Resources Limited engages in the exploration and exploitation of gold minerals in Australia. Its flagship property is the Warrawoona Gold project covering an area of approximately 780 square kilometers located in the East Pilbara district of the Pilbara Goldfield in Western Australia. The company was incorporated in 1986 and is based in West Perth, Australia.

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