Matsa Resources Limited (ASX:MAT) Insider Franciscus (Frank) Sibbel Buys 173,417 Shares

Matsa Resources Limited (ASX:MAT) insider Franciscus (Frank) Sibbel purchased 173,417 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The shares were acquired at an average cost of A$0.15 ($0.10) per share, with a total value of A$25,145.47 ($17,833.66).

Matsa Resources stock remained flat at $A$0.14 ($0.10) during trading on Friday. The company has a quick ratio of 0.95, a current ratio of 0.98 and a debt-to-equity ratio of 17.09. Matsa Resources Limited has a 1-year low of A$0.11 ($0.07) and a 1-year high of A$0.20 ($0.14). The company has a market capitalization of $23.88 million and a price-to-earnings ratio of -8.44.

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Matsa Resources Company Profile

Matsa Resources Limited engages in the exploration and development of mineral properties in Western Australia and Thailand. The company primarily explores for gold, nickel, copper, and base metals. It holds an interest in the Devon gold mine. Matsa Resources Limited is headquartered in Perth, Australia.

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