Insider Buying: Pilbara Minerals Limited (ASX:PLS) Insider Acquires A$99,888.72 in Stock

Pilbara Minerals Limited (ASX:PLS) insider Nicholas (Nick) Cernotta acquired 40,938 shares of the company’s stock in a transaction on Friday, September 6th. The shares were bought at an average price of A$2.44 ($1.63) per share, with a total value of A$99,888.72 ($66,592.48).

Pilbara Minerals Stock Performance

The company has a quick ratio of 2.63, a current ratio of 4.52 and a debt-to-equity ratio of 17.13.

About Pilbara Minerals

Pilbara Minerals Limited engages in the exploration, development, and operation of mineral resources in Australia. The company primarily explores for lithium. It primarily holds a 100% interest in the Pilgangoora lithium-tantalum project located in the Pilbara region of Western Australia. The company was incorporated in 2005 and is based in West Perth, Australia.