Insider Buying: Falcon Metals (ASX:FAL) Insider Purchases 300,000 Shares of Stock

Falcon Metals Limited (ASX:FAL) insider Mark Bennett acquired 300,000 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were bought at an average price of A$0.75 per share, with a total value of A$225,000.00.

Falcon Metals Stock Performance

The company has a market capitalization of $23.90 million, a price-to-earnings ratio of -4,297.85 and a beta of 2.09. The company has a debt-to-equity ratio of 1.04, a current ratio of 21.76 and a quick ratio of 67.04.

About Falcon Metals

Falcon Metals Limited engages in the discovery, exploration, and development of mineral deposits in Australia. Its flagship project is the Pyramid Hill Gold project that covers an area of approximately 5000 square kilometers located in the Bendigo region of Victoria. The company was incorporated in 2021 and is headquartered in Melbourne, Australia.