Insider Selling: Meteoric Resources (ASX:MEI) Insider Sells 1,000,000 Shares of Stock

Meteoric Resources NL (ASX:MEI) insider Marcelo de Carvalho sold 1,000,000 shares of the business’s stock in a transaction dated Friday, January 9th. The stock was sold at an average price of A$0.19, for a total transaction of A$194,000.00.

Meteoric Resources Stock Performance

The stock has a market capitalization of $186.53 million, a price-to-earnings ratio of -7.99 and a beta of 1.51. The company has a current ratio of 7.75, a quick ratio of 3.77 and a debt-to-equity ratio of 6.61.

About Meteoric Resources

Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. It explores for gold, copper, cobalt, and diamond deposits. The company owns interests in the Palm Springs gold project, which covers an area of approximately 12,500 ha located in Western Australia; the Juruena Gold project located in Brazil; Webb Diamond JV project covers an area of 400 square kilometers located in Western Australia; and the Warrego North IOCG project located in the Northern Territory.