Jennifer Purdie Buys 31,700 Shares Of Neometals Ltd (ASX:NMT) Stock

Neometals Ltd (ASX:NMT – Get Rating) insider Jennifer Purdie acquired 31,700 shares of the company’s stock in a transaction that occurred on Wednesday, June 15th. The shares were acquired at an average cost of A$0.95 ($0.66) per share, with a total value of A$29,956.50 ($20,803.13).

The company has a quick ratio of 25.14, a current ratio of 25.14 and a debt-to-equity ratio of 0.40.

About Neometals

Neometals Ltd explores and evaluates mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project, which recovers cobalt and other materials from spent and scrap lithium batteries; Vanadium Recovery project, which recovers vanadium pentoxide from processing by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia.

www.ferroalloynet.com