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Martin Holland Buys 700,000 Shares of Cobre Limited (ASX:CBE) Stock

Defense World ·  Apr 1, 2023 06:43

Cobre Limited (ASX:CBE – Get Rating) insider Martin Holland bought 700,000 shares of the company's stock in a transaction that occurred on Tuesday, March 28th. The stock was acquired at an average price of A$0.10 ($0.07) per share, for a total transaction of A$71,400.00 ($47,600.00).

Cobre Stock Performance

The company has a debt-to-equity ratio of 11.45, a current ratio of 3.57 and a quick ratio of 6.79.

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Cobre Company Profile

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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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