Insider Buying: Great Southern Mining Ltd (ASX:GSN) Insider Acquires A$25,000.00 in Stock

Great Southern Mining Ltd (ASX:GSN) insider John Terpu acquired 500,000 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The shares were bought at an average price of A$0.05 ($0.04) per share, for a total transaction of A$25,000.00 ($17,730.50).

John Terpu also recently made the following trade(s):

  • On Wednesday, September 18th, John Terpu 500,000 shares of Great Southern Mining stock.
  • On Wednesday, September 4th, John Terpu 39,103,118 shares of Great Southern Mining stock.

The company has a debt-to-equity ratio of 7.24, a quick ratio of 0.35 and a current ratio of 0.40. Great Southern Mining Ltd has a one year low of A$0.03 ($0.02) and a one year high of A$0.06 ($0.04). The company has a market capitalization of $14.26 million and a P/E ratio of -11.75. The business has a 50-day moving average of A$0.05.

About Great Southern Mining

Great Southern Mining Limited primarily engages in the exploration and evaluation of gold deposits in Australia. The company also explores for silver, copper, and other minerals. It holds a 100% interest in the Mt Lucky project located in Laverton, Western Australia; and the Black Mountain gold project situated on the northwest of Townsville, North Queensland.

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