Insider Buying: Aurumin Limited (ASX:AUN) Insider Buys 11,023,619 Shares of Stock

Aurumin Limited (ASX:AUN) insider Daniel Raihani bought 11,023,619 shares of Aurumin stock in a transaction dated Wednesday, January 8th. The stock was purchased at an average cost of A$0.07 ($0.04) per share, for a total transaction of A$716,535.24 ($445,052.94).

Daniel Raihani also recently made the following trade(s):

• On Friday, January 3rd, Daniel Raihani acquired 576,381 shares of Aurumin stock. The stock was purchased at an average cost of A$0.07 ($0.04) per share, with a total value of A$38,617.53 ($23,986.04).
• On Monday, December 23rd, Daniel Raihani purchased 1,714,150 shares of Aurumin stock. The shares were acquired at an average cost of A$0.06 ($0.04) per share, with a total value of A$104,563.15 ($64,946.06).
• On Monday, December 9th, Daniel Raihani bought 1,500,000 shares of Aurumin stock. The stock was acquired at an average price of A$0.07 ($0.04) per share, for a total transaction of A$108,000.00 ($67,080.75).

Aurumin Stock Performance

The company has a debt-to-equity ratio of 7.58, a quick ratio of 1.05 and a current ratio of 0.97.

About Aurumin

Aurumin Limited explores and develops for gold properties. It holds interest in the Central Sandstone project, the Mount Dimer project, the Mount Palmer project, and the Johnson Range project located in the Western Australia. Aurumin Limited was incorporated in 2020 and is based in West Perth, Australia.