Insider Buying: Wildcat Resources (ASX:WC8) Insider Acquires 9,000,000 Shares of Stock

Wildcat Resources Limited (ASX:WC8) insider Matthew Banks purchased 9,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were bought at an average price of A$0.08 per share, with a total value of A$675,000.00.

Wildcat Resources Stock Performance

The stock has a market cap of $294.60 million, a price-to-earnings ratio of -29.70 and a beta of -0.42. The company has a debt-to-equity ratio of 1.79, a quick ratio of 34.73 and a current ratio of 8.91.

Wildcat Resources Company Profile

Wildcat Resources Limited operates as a mineral exploration company in Australia. It explores for gold, lithium, copper, and nickel deposits. The company's projects include the Mt Adrah project, which covers an area of approximately 493 square kilometers located in the Lachlan Fold located in New South Wales; the Bolt Cutter Gold project that comprises two exploration licenses covering 446 square kilometers of the Mallina Basin located in the Pilbara region of Western Australia. It also holds 100% interests in the Bolt Cutter Lithium project, which covers an area of approximately 470 square kilometers located in the Mallina Province, Pilbara; and the Tabba Tabba Lithium-Tantalum project located in the Pilbara.