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

Meeka Metals Limited (ASX:MEK) insider Paul Chapman purchased 500,000 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was purchased at an average price of A$0.10 ($0.06) per share, for a total transaction of A$50,000.00 ($31,847.13).

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

• On Monday, January 20th, Paul Chapman acquired 875,000 shares of Meeka Metals stock. The shares were purchased at an average price of A$0.08 ($0.05) per share, with a total value of A$70,000.00 ($44,585.99).
• On Wednesday, December 4th, Paul Chapman bought 1,187,500 shares of Meeka Metals stock. The stock was purchased at an average price of A$0.06 ($0.04) per share, for a total transaction of A$71,250.00 ($45,382.17).

Meeka Metals Stock 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 firm has a market capitalization of $286.75 million, a price-to-earnings 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.