Insider Buying: Meeka Metals (ASX:MEK) Insider Acquires A$18,750.00 in Stock

Meeka Metals Limited (ASX:MEK) insider Tim Davidson purchased 312,500 shares of the firm’s stock in a transaction on Friday, September 26th. The stock was acquired at an average price of A$0.06 per share, with a total value of A$18,750.00.

Meeka Metals Price Performance

The company has a debt-to-equity ratio of 7.98, a current ratio of 0.94 and a quick ratio of 2.61. The stock has a market cap of $286.75 million, a P/E ratio of -47.70 and a beta of 0.88.

About Meeka Metals

Meeka Metals Limited engages in the exploration of gold and rare earth properties in Australia. Its flagship project is the Murchison gold project covering an area of 343 square kilometers located in the prolific Murchison Gold Fields, Western Australia. The company was formerly known as Meeka Gold Limited and changed its name to Meeka Metals Limited in July 2022.