Insider Buying: DevEx Resources Limited (ASX:DEV) Insider Acquires 7,000,000 Shares of Stock

DevEx Resources Limited (ASX:DEV) insider Timothy Goyder acquired 7,000,000 shares of the firm’s stock in a transaction dated Thursday, February 27th. The shares were purchased at an average price of A$0.08 ($0.05) per share, for a total transaction of A$553,000.00 ($350,000.00).

DevEx Resources Price Performance

The company has a current ratio of 7.66, a quick ratio of 4.75 and a debt-to-equity ratio of 1.15. The firm has a market capitalization of $34.01 million, a price-to-earnings ratio of -3.15 and a beta of 1.08.

DevEx Resources Company Profile

DevEx Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Australia. It explores for uranium, copper, nickel, gold, rare earth element, and platinum group elements. The company was formerly known as Uranium Equities Limited and changed its name to DevEx Resources Limited in November 2017.