Cobre Limited (ASX:CBE – Get Rating) insider Martin Holland acquired 700,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 28th. The shares were bought at an average price of A$0.10 ($0.07) per share, with a total value of A$71,400.00 ($47,600.00).
Cobre Stock Performance
The company has a debt-to-equity ratio of 11.45, a quick ratio of 6.79 and a current ratio of 3.57.
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Cobre Limited engages in the exploration and evaluation of mineral properties. It explores for copper, gold, silver, and zinc deposits. The company holds 100% interest in the Perrinvale project covering an area of approximately 381 square kilometers of the Panhandle and Illaara Greenstone Belts in Western Australia; and an option to earn up to 80% interests in the Sandiman tenement covering an area of approximately 202 square kilometers located in Gascoyne Province, Australia.
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