John Smyth Purchases 950,000 Shares of Orange Minerals NL (ASX:OMX) Stock

Orange Minerals NL (ASX:OMX) insider John Smyth acquired 950,000 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were purchased at an average price of A$0.03 ($0.02) per share, with a total value of A$31,350.00 ($19,841.77).

Orange Minerals Stock Performance

The company has a current ratio of 4.18, a quick ratio of 30.68 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $3.78 million, a price-to-earnings ratio of -5.65 and a beta of 0.38.

About Orange Minerals

Orange Minerals NL operates as a gold and copper exploration company in Australia. It also explores for silver and other base metals. The company holds 100% interest in the Majestic Project and the Kurnalpi Project located within the Eastern Goldfields in Western Australia; holds 70% interests in the Calarie project located within the Lachlan Fold Belt in New South Wales; and holds 100% interest in Wisemans Creek project located within the Lachlan Fold Belt in New South Wales.