Insider Buying: Minbos Resources (ASX:MNB) Insider Purchases 1,153,846 Shares of Stock

Minbos Resources Limited (ASX:MNB) insider Paul McKenzie purchased 1,153,846 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was acquired at an average price of A$0.03 per share, for a total transaction of A$30,000.00.

Minbos Resources Stock Performance

The company has a quick ratio of 2.55, a current ratio of 3.33 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $43.65 million, a P/E ratio of -4.68 and a beta of 0.81.

Minbos Resources Company Profile

Minbos Resources Limited engages in the exploration and development of mineral projects. The company primarily explores for phosphate and ammonia deposits. It focuses on the development of the Capanda Green Ammonia Project and the Cabinda Phosphate Project in Angola and middle Africa. Minbos Resources Limited was incorporated in 2009 and is based in Subiaco, Australia.