Insider Buying: Minbos Resources (ASX:MNB) Insider Acquires A$30,000.00 in Stock

Minbos Resources Limited (ASX:MNB) insider Lindsay Reed acquired 1,153,846 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were bought at an average cost of A$0.03 per share, with a total value of A$30,000.00.

Minbos Resources Price Performance

The company has a quick ratio of 2.55, a current ratio of 3.33 and a debt-to-equity ratio of 0.22. The firm has a market cap of $43.65 million, a P/E ratio of -4.68 and a beta of 0.81.

Minbos Resources Company Profile

Minbos Resources Limited engages in the exploration and development of mineral projects. The company primarily explores for phosphate and ammonia deposits. It focuses on the development of the Capanda Green Ammonia Project and the Cabinda Phosphate Project in Angola and middle Africa. Minbos Resources Limited was incorporated in 2009 and is based in Subiaco, Australia.