Insider Buying: Queensland Pacific Metals Limited (ASX:QPM) Insider Purchases 10,000,000 Shares of Stock

Queensland Pacific Metals Limited (ASX:QPMGet Rating) insider Ariel King acquired 10,000,000 shares of the company’s stock in a transaction dated Thursday, May 19th. The stock was acquired at an average cost of A$0.03 ($0.02) per share, for a total transaction of A$300,000.00 ($209,790.21).

The company has a debt-to-equity ratio of 0.77, a current ratio of 21.52 and a quick ratio of 21.47.

About Queensland Pacific Metals (Get Rating)

Queensland Pacific Metals Limited focuses on the exploration and development of battery metals refinery in Australia. It operates in two segments, Exploration and TECH Project. The company explores for nickel, cobalt, alumina, and haematite. It holds interest in the Townsville Energy Chemicals Hub project located in Queensland.

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