Grant Craighead Buys 1,476,867 Shares of Canterbury Resources (ASX:CBY) Stock

Canterbury Resources Limited (ASX:CBY) insider Grant Craighead acquired 1,476,867 shares of Canterbury Resources stock in a transaction that occurred on Wednesday, October 29th. The shares were purchased at an average cost of A$0.02 per share, with a total value of A$29,537.34.

Canterbury Resources Price Performance

The company has a debt-to-equity ratio of 3.56, a current ratio of 1.12 and a quick ratio of 1.75. The company has a market cap of $5.13 million, a P/E ratio of -6.33 and a beta of 1.02.

Canterbury Resources Company Profile

Canterbury Resources Limited engages in the exploration of mineral properties in Australia and Papua New Guinea. It primarily explores for copper, molybdenum, and gold deposits. The company holds 100% interests in the Briggs, Mannersley, and Fig Tree tenements located in central Queensland; and Ekuti Range, Wamum, and Bismarck projects located in Papua New Guinea.