Scorpion Minerals (ASX:SCN) Insider Kate Stoney Acquires 500,000 Shares

Scorpion Minerals Limited (ASX:SCN) insider Kate Stoney purchased 500,000 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were purchased at an average cost of A$0.03 per share, with a total value of A$13,000.00.

Scorpion Minerals Price Performance

The company has a current ratio of 0.33, a quick ratio of 1.84 and a debt-to-equity ratio of 16.94. The stock has a market capitalization of $6.14 million, a price-to-earnings ratio of -1.99 and a beta of 0.46.

Scorpion Minerals Company Profile

Scorpion Minerals Limited engages in the exploration of mineral resources in Australia. The company explores for gold, copper, nickel, silver, zinc, vanadium, and platinum-group elements. It holds 100% interest in the Pharos project covering an area of 1,335 square kilometers located in the Murchison Mineral Field, Western Australia; and 100% option to acquire the Youanmi Lithium project comprising E57/978, E57/1049, and E57/1056 tenements covering an area of 279 square kilometers located in the East Murchison mineral field.