Pascal Blampain Sells 1,500,000 Shares of Matsa Resources (ASX:MAT) Stock

Matsa Resources Limited (ASX:MAT) insider Pascal Blampain sold 1,500,000 shares of the stock in a transaction dated Friday, December 5th. The stock was sold at an average price of A$0.12, for a total transaction of A$180,000.00.

Matsa Resources Price Performance

The company has a market cap of $38.10 million, a P/E ratio of -5,584.45 and a beta of 0.63. The company has a debt-to-equity ratio of 42.99, a current ratio of 0.47 and a quick ratio of 0.18.

About Matsa Resources

Matsa Resources Limited engages in the exploration of mineral resources in Western Australia and Thailand. The company primarily explores for gold, copper, silver, lead, lithium, tin, rare earth elements, and base metals. Its flagship project is the Lake Carey Gold project that comprises approximately 449 square kilometers of prospective tenements within the Laverton Tectonic Zone of the Kurnalpi Terrane in Western Australia's eastern goldfields region, as well as Devon, Fortitude North, Fortitude Stage 2 Gold Mine, and Red October projects located in Australia.