Insider Buying: Cygnus Metals Limited (ASX:CY5) Insider Buys 250,481 Shares of Stock

Cygnus Metals Limited (ASX:CY5) insider Raymond Shorrocks bought 250,481 shares of the firm’s stock in a transaction that occurred on Thursday, February 6th. The shares were acquired at an average price of A$0.12 ($0.08) per share, with a total value of A$30,057.72 ($18,904.23).

Raymond Shorrocks also recently made the following trade(s):

• On Monday, February 10th, Raymond Shorrocks acquired 500,000 shares of Cygnus Metals stock. The shares were bought at an average cost of A$0.12 ($0.08) per share, for a total transaction of A$60,000.00 ($37,735.85).

Cygnus Metals Stock Performance

The company has a debt-to-equity ratio of 4.09, a current ratio of 1.56 and a quick ratio of 5.04.

Cygnus Metals Company Profile

Cygnus Metals Limited engages in the exploration of mineral properties in Canada and Western Australia. It explores for lithium, gold, nickel, copper, and platinum group elements. It holds interest in the Pontax lithium project covering an area of 145 square kilometers located in the James Bay Region in Northern Quebec, Canada; the Mitsumis lithium project that covers an area of 121 square kilometers; the Auclair lithium project covering an area of 25.5 square kilometers in James Bay, Quebec; and the Sakami project located in the La Grande greenstone belt.