Insider Buying: Poseidon Nickel Limited (ASX:POS) Insider Acquires 2,481,390 Shares of Stock

Poseidon Nickel Limited (ASX:POS) insider Peter Harold bought 2,481,390 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were bought at an average price of A$0.01 ($0.00) per share, with a total value of A$12,406.95 ($7,902.52).

Poseidon Nickel Stock Performance

The company has a debt-to-equity ratio of 1.50, a quick ratio of 5.13 and a current ratio of 1.24. The company has a market capitalization of $21.26 million, a PE ratio of -1.57 and a beta of 0.92.

About Poseidon Nickel

Poseidon Nickel Limited engages in the exploration, mining, and production of mineral properties in Australia. The company primarily explores for nickel and gold deposits, as well as other minerals. It holds interests in the Windarra, Black Swan, and Lake Johnston nickel projects located in Western Australia.