Andrew Chapman Buys 1,093,378 Shares of Matsa Resources (ASX:MAT) Stock

Matsa Resources Limited (ASX:MAT) insider Andrew Chapman bought 1,093,378 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was purchased at an average cost of A$0.05 per share, with a total value of A$54,668.90.

Andrew Chapman also recently made the following trade(s):

• On Friday, November 21st, Andrew Chapman sold 212,041 shares of Matsa Resources stock. The stock was sold at an average price of A$0.11, for a total value of A$22,264.31.
• On Friday, September 5th, Andrew Chapman bought 333,334 shares of Matsa Resources stock. The shares were acquired at an average price of A$0.07 per share, with a total value of A$23,333.38.

Matsa Resources Stock Performance

The company has a debt-to-equity ratio of 42.99, a current ratio of 0.47 and a quick ratio of 0.18. The company has a market cap of $38.10 million, a PE ratio of -5,584.45 and a beta of 0.63.

Matsa Resources Company Profile

Matsa Resources Limited engages in the exploration of mineral resources in Western Australia and Thailand. The company primarily explores for gold, copper, silver, lead, lithium, tin, rare earth elements, and base metals. Its flagship project is the Lake Carey Gold project that comprises approximately 449 square kilometers of prospective tenements within the Laverton Tectonic Zone of the Kurnalpi Terrane in Western Australia's eastern goldfields region, as well as Devon, Fortitude North, Fortitude Stage 2 Gold Mine, and Red October projects located in Australia.