Andrew Krelle Acquires 5,000,000 Shares of GBM Resources (ASX:GBZ) Stock

GBM Resources Limited (ASX:GBZ) insider Andrew Krelle acquired 5,000,000 shares of GBM Resources stock in a transaction that occurred on Thursday, November 13th. The stock was acquired at an average cost of A$0.04 per share, for a total transaction of A$200,000.00.

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

• On Tuesday, October 14th, Andrew Krelle bought 5,000,000 shares of GBM Resources stock. The shares were bought at an average cost of A$0.05 per share, with a total value of A$270,000.00.

GBM Resources Stock Performance

The firm has a market capitalization of $9.37 million, a P/E ratio of -1.60 and a beta of 0.94. The company has a quick ratio of 0.33, a current ratio of 1.53 and a debt-to-equity ratio of 15.29.

About GBM Resources

GBM Resources Limited engages in the exploration and development of mineral properties in Australia. The company explores for gold, silver, copper, and iron oxide. Its flagship projects include the Mount Coolon gold project that covers an area of approximately 2,613 square kilometers, the Yandan Gold project covering an area of 952 square kilometers, and the Twin Hills Gold project located in the Drummond basin in Queensland.