Insider Buying: Industrial Minerals Ltd (ASX:IND) Insider Buys 700,000 Shares of Stock

Industrial Minerals Ltd (ASX:INDGet Free Report) insider Ashley Pattison purchased 700,000 shares of the company’s stock in a transaction on Thursday, October 17th. The stock was acquired at an average cost of A$0.17 ($0.11) per share, for a total transaction of A$119,000.00 ($79,333.33).

Ashley Pattison also recently made the following trade(s):

  • On Thursday, August 8th, Ashley Pattison purchased 125,000 shares of Industrial Minerals stock. The stock was bought at an average price of A$0.18 ($0.12) per share, for a total transaction of A$22,875.00 ($15,250.00).

Industrial Minerals Price Performance

The company has a quick ratio of 12.45, a current ratio of 1.08 and a debt-to-equity ratio of 3.76.

About Industrial Minerals

(Get Free Report)

Industrial Minerals Ltd engages in the evaluation and exploration of mineral projects in Australia. The company primarily explores for gypsum and salt, silica sand, construction sand, and aggregates. Its flagship project is the 100% owned Stockyard High Purity Silica Sand project located near Eneabba.

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