Matsa Resources (ASX:MAT) Insider Paul Poli Purchases 333,333 Shares of Stock

Matsa Resources Limited (ASX:MAT) insider Paul Poli acquired 333,333 shares of Matsa Resources stock in a transaction that occurred on Tuesday, January 20th. The shares were purchased at an average price of A$0.07 per share, for a total transaction of A$23,333.31.

Matsa Resources Price Performance

The company has a quick ratio of 0.18, a current ratio of 0.47 and a debt-to-equity ratio of 42.99. The stock has a market cap of $38.10 million, a P/E 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.