Insider Buying: Infinity Mining Limited (ASX:IMI) Insider Acquires 5,008,484 Shares of Stock

Infinity Mining Limited (ASX:IMIGet Free Report) insider Alan Phillips purchased 5,008,484 shares of the stock in a transaction on Thursday, December 5th. The stock was acquired at an average cost of A$0.02 ($0.02) per share, with a total value of A$120,203.62 ($76,562.81).

Infinity Mining Stock Performance

The company has a debt-to-equity ratio of 0.60, a current ratio of 1.20 and a quick ratio of 12.70.

About Infinity Mining

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Infinity Mining Limited engages in the exploration and evaluation of mineral properties. The company explores for gold, copper, zinc, nickel, and lithium deposits. It holds 100% interests in the Pilbara projects that comprises 14 exploration licenses covering an area of 781 square kilometers located in the Pilbara region of Western Australia; and the Central Goldfields project comprising 7 prospecting licenses, 2 granted mining lease, and 1 exploration license covering an area of 13.81 square kilometers located in the Leonora region of Western Australia.

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