Paul Chapman Acquires 500,000 Shares of Meeka Metals Limited (ASX:MEK) Stock

Meeka Metals Limited (ASX:MEK) insider Paul Chapman purchased 500,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 2nd. The shares were bought at an average cost of A$0.10 ($0.06) per share, with a total value of A$50,000.00 ($30,303.03).

Paul Chapman also recently made the following trade(s):

• On Thursday, February 20th, Paul Chapman acquired 500,000 shares of Meeka Metals stock. The shares were acquired at an average cost of A$0.10 ($0.06) per share, for a total transaction of A$50,000.00 ($30,303.03).
• On Monday, January 20th, Paul Chapman acquired 875,000 shares of Meeka Metals stock. The stock was purchased at an average cost of A$0.08 ($0.05) per share, with a total value of A$70,000.00 ($42,424.24).

Meeka Metals Stock Performance

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

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.