Insider Buying: Santana Minerals Limited (ASX:SMI) Insider Purchases 50,000 Shares of Stock

Santana Minerals Limited (ASX:SMI) insider Peter Cook bought 50,000 shares of the company’s stock in a transaction on Friday, December 13th. The shares were acquired at an average price of A$0.45 ($0.28) per share, for a total transaction of A$22,500.00 ($14,062.50).

Santana Minerals Stock Performance

The company has a quick ratio of 4.20, a current ratio of 18.17 and a debt-to-equity ratio of 0.08.

About Santana Minerals

Santana Minerals Limited engages in the exploration and evaluation of gold, silver, and base metal properties in New Zealand, Cambodia, and Mexico. It holds a 100% interest in the Bendigo-Ophir gold project covering an area of 292 square kilometers located in Central Otago, New Zealand. The company also holds interests in the Cuitaboca Silver-Gold Project that covering an area of 5,500 hectares situated in Mexico; and two gold exploration licenses in Cambodia.