Caspin Resources (ASX:CPN) Insider Acquires A$122,500.00 in Stock

Caspin Resources Limited (ASX:CPN) insider Gregory Miles purchased 1,250,000 shares of Caspin Resources stock in a transaction on Thursday, January 8th. The shares were acquired at an average cost of A$0.10 per share, for a total transaction of A$122,500.00.

Caspin Resources Stock Performance

The company has a market capitalization of $9.60 million, a PE ratio of -8.96 and a beta of 1.54. The company has a current ratio of 8.57, a quick ratio of 19.12 and a debt-to-equity ratio of 3.24.

About Caspin Resources

Caspin Resources Limited explores for and develops mineral properties in Australia. The company focuses on gold, nickel, copper, and cobalt minerals. Its flagship properties include the 80% owned Yarawindah Brook Project covering approximately 400 square kilometers, as well as 100% owned Mount Squires Gold Project that covers a land holding of 750 square kilometers located in the northeast of Perth, Western Australia. Caspin Resources Limited was incorporated in 2020 and is based in West Perth, Australia.