Insider Buying: Minbos Resources Limited (ASX:MNB) Insider Purchases A$90,476.21 in Stock

Minbos Resources Limited (ASX:MNB) insider Graeme Robertson purchased 2,380,953 shares of the company’s stock in a transaction that occurred on Wednesday, April 9th. The stock was bought at an average price of A$0.04 ($0.02) per share, for a total transaction of A$90,476.21 ($57,628.16).

Minbos Resources Price Performance

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

About Minbos Resources

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.