Meeka Metals Limited (ASX:MEK) Insider Paul Chapman Purchases 500,000 Shares

Meeka Metals Limited (ASX:MEK) insider Paul Chapman bought 500,000 shares of the stock in a transaction on Thursday, February 20th. The shares were acquired at an average cost of A$0.10 ($0.06) per share, for a total transaction of A$50,000.00 ($31,847.13).

Paul Chapman also recently made the following trade(s):

• On Monday, January 20th, Paul Chapman purchased 875,000 shares of Meeka Metals stock. The stock was purchased at an average cost of A$0.08 ($0.05) per share, for a total transaction of A$70,000.00 ($44,585.99).
• On Wednesday, December 4th, Paul Chapman purchased 1,187,500 shares of Meeka Metals stock. The stock was purchased at an average cost of A$0.06 ($0.04) per share, for a total transaction of A$71,250.00 ($45,382.17).

Meeka Metals Price Performance

The firm has a market capitalization of $286.75 million, a price-to-earnings ratio of -47.70 and a beta of 0.88. The company has a debt-to-equity ratio of 7.98, a quick ratio of 2.61 and a current ratio of 0.94.

About Meeka Metals

Meeka Metals Limited engages in the exploration of gold and rare earth properties in Australia. Its flagship project is the Murchison gold project covering an area of 343 square kilometers located in the prolific Murchison Gold Fields, Western Australia. The company was formerly known as Meeka Gold Limited and changed its name to Meeka Metals Limited in July 2022.