Insider Buying: Kula Gold Limited (ASX:KGD) Insider Acquires 1,906,250 Shares of Stock

Kula Gold Limited (ASX:KGD) insider Mark Stowell bought 1,906,250 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The stock was bought at an average cost of A$0.01 ($0.00) per share, with a total value of A$13,343.75 ($8,087.12).

Kula Gold Stock Performance

The stock has a market capitalization of $3.55 million, a P/E ratio of -1.38 and a beta of 0.85. The company has a quick ratio of 2.56, a current ratio of 4.68 and a debt-to-equity ratio of 1.72.

About Kula Gold

Kula Gold Limited, together with its subsidiaries, identifies and explores for metals in Western Australia. It primarily explores for gold, lithium, halloysite, nickel, kaolin, and copper deposits, as well as platinum group elements. The company holds interest in Kirup Project, Brunswick Project, and Lake Rebecca Project located in Western Australia.