Steven Formica Buys 1,738,442 Shares of Great Northern Minerals Limited (ASX:GNM) Stock

Great Northern Minerals Limited (ASX:GNM) insider Steven Formica purchased 1,738,442 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was acquired at an average price of A$0.01 ($0.01) per share, with a total value of A$20,861.30 ($13,120.32).

Great Northern Minerals Stock Performance

The company has a current ratio of 3.17, a quick ratio of 0.62 and a debt-to-equity ratio of 0.49.

Great Northern Minerals Company Profile

Great Northern Minerals Limited explores for and develops gold mineral properties in Australia. It holds interest in the Golden Ant Project comprising Camel Creek, Golden Cup located in Northern Queensland. The company was formerly known as Greenpower Energy Limited and changed its name to Great Northern Minerals Limited in October 2019.