Alan Phillips Acquires 5,008,484 Shares of Infinity Mining Limited (ASX:IMI) Stock

Infinity Mining Limited (ASX:IMI) insider Alan Phillips acquired 5,008,484 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was acquired at an average price of A$0.02 ($0.02) per share, with a total value of A$120,203.62 ($76,562.81).

Infinity Mining Stock Performance

The company has a current ratio of 1.20, a quick ratio of 12.70 and a debt-to-equity ratio of 0.60.

Infinity Mining Company Profile

Infinity Mining Limited engages in the exploration and evaluation of mineral properties. The company explores for gold, copper, zinc, nickel, and lithium deposits. It holds 100% interests in the Pilbara projects that comprises 14 exploration licenses covering an area of 781 square kilometers located in the Pilbara region of Western Australia; and the Central Goldfields project comprising 7 prospecting licenses, 2 granted mining lease, and 1 exploration license covering an area of 13.81 square kilometers located in the Leonora region of Western Australia.