Insider Buying: Scorpion Minerals Limited (ASX:SCN) Insider Purchases 850,000 Shares of Stock

Scorpion Minerals Limited (ASX:SCN) insider Bronwyn Barnes bought 850,000 shares of the stock in a transaction on Friday, June 21st. The shares were acquired at an average cost of A$0.02 ($0.01) per share, for a total transaction of A$12,750.00 ($8,500.00).

Scorpion Minerals Price Performance

The company has a current ratio of 0.92, a quick ratio of 1.84 and a debt-to-equity ratio of 18.63.

Scorpion Minerals Company Profile

Scorpion Minerals Limited engages in the exploration of mineral resources in Australia. The company explores for gold, copper, nickel, silver, zinc, vanadium, and platinum-group elements. It holds 100% interest in the Pharos project covering an area of 1,335 square kilometers located in the Murchison Mineral Field, Western Australia; and 100% option to acquire the Youanmi Lithium project comprising E57/978, E57/1049, and E57/1056 tenements covering an area of 279 square kilometers located in the East Murchison mineral field.