Pacific Nickel Mines Limited (ASX:PNM) Insider Acquires A$30,000.00 in Stock

Pacific Nickel Mines Limited (ASX:PNM) insider Terry Cuthbertson purchased 300,000 shares of the business’s stock in a transaction on Monday, January 10th. The shares were bought at an average cost of A$0.10 ($0.07) per share, for a total transaction of A$30,000.00 ($21,582.73).

The company has a current ratio of 1.87, a quick ratio of 1.85 and a debt-to-equity ratio of 3.11.

Pacific Nickel Mines Company Profile

Pacific Nickel Mines Limited engages in the exploration and development of nickel deposits. It holds 80% interest in the Jejevo and Kolosori Nickel Projects located on Isabel Island in the Solomon Islands. The company was formerly known as Malachite Resources Limited and changed its name to Pacific Nickel Mines Limited in November 2020.

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