Gregory Miles Purchases 1,250,000 Shares of Caspin Resources (ASX:CPN) Stock

Caspin Resources Limited (ASX:CPN) insider Gregory Miles bought 1,250,000 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The stock was purchased at an average price of A$0.10 per share, for a total transaction of A$122,500.00.

Caspin Resources Stock Performance

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

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.