Insider Buying: Neometals Ltd (ASX:NMT) Insider Buys A$29,956.50 in Stock

Neometals Ltd (ASX:NMTGet Rating) insider Jennifer Purdie bought 31,700 shares of the stock in a transaction on Wednesday, June 15th. The stock was purchased at an average cost of A$0.95 ($0.66) per share, for a total transaction of A$29,956.50 ($20,803.13).

The company has a debt-to-equity ratio of 0.40, a quick ratio of 25.14 and a current ratio of 25.14.

About Neometals (Get Rating)

Neometals Ltd explores and evaluates mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project, which recovers cobalt and other materials from spent and scrap lithium batteries; Vanadium Recovery project, which recovers vanadium pentoxide from processing by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.

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