Kate Stoney Buys 1,500,000 Shares of Horseshoe Metals (ASX:HOR) Stock

Horseshoe Metals Limited (ASX:HOR) insider Kate Stoney bought 1,500,000 shares of the stock in a transaction on Friday, January 16th. The stock was purchased at an average cost of A$0.05 per share, with a total value of A$70,500.00.

Horseshoe Metals Stock Performance

The stock has a market capitalization of $9.95 million, a price-to-earnings ratio of -8.27 and a beta of 0.29. The company has a current ratio of 0.04, a quick ratio of 1.05 and a debt-to-equity ratio of -162.91.

About Horseshoe Metals

Horseshoe Metals Limited engages in the exploration and development of mineral properties in Australia. The company explores for copper and gold deposits. It owns 100% interests in the Horseshoe Lights project that comprises seventeen tenements covering an area of approximately 285 square kilometers located in Bryah Basin region of Western Australia; and the Kumarina project that consists of a small mining lease and a mining lease covering approximately 3.2 square kilometers located in the Gascoyne region of Western Australia.