Insider Buying: Minbos Resources Limited (ASX:MNB) Insider Buys 2,380,953 Shares of Stock

Minbos Resources Limited (ASX:MNB) insider Graeme Robertson purchased 2,380,953 shares of Minbos Resources stock in a transaction that occurred on Wednesday, April 9th. The stock was bought at an average cost of A$0.04 ($0.02) per share, for a total transaction of A$90,476.21 ($57,263.43).

Minbos Resources Price Performance

The stock has a market cap of $43.65 million, a PE ratio of -4.68 and a beta of 0.81. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.55 and a current ratio of 3.33.

Minbos Resources Company Profile

Minbos Resources Limited engages in the exploration and development of mineral projects. The company primarily explores for phosphate and ammonia deposits. It focuses on the development of the Capanda Green Ammonia Project and the Cabinda Phosphate Project in Angola and middle Africa. Minbos Resources Limited was incorporated in 2009 and is based in Subiaco, Australia.