Damian Spring Purchases 2,700,000 Shares of Santana Minerals (ASX:SMI) Stock

Santana Minerals Limited (ASX:SMI) insider Damian Spring acquired 2,700,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were bought at an average cost of A$0.30 per share, for a total transaction of A$818,100.00.

Santana Minerals Price Performance

The company has a market cap of $382.53 million, a price-to-earnings ratio of -41,627.90 and a beta of 0.83. The company has a debt-to-equity ratio of 0.08, a quick ratio of 4.20 and a current ratio of 17.75.

About Santana Minerals

Santana Minerals Limited engages in the exploration and evaluation of gold, silver, and base metal properties in New Zealand, Cambodia, and Mexico. It holds a 100% interest in the Bendigo-Ophir gold project covering an area of 292 square kilometers located in Central Otago, New Zealand. The company also holds interests in the Cuitaboca Silver-Gold Project that covering an area of 5,500 hectares situated in Mexico; and two gold exploration licenses in Cambodia.