Insider Buying: Genmin Limited (ASX:GEN) Insider Acquires A$100,000.00 in Stock

Genmin Limited (ASX:GEN) insider John Hodder purchased 500,000 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The stock was bought at an average cost of A$0.20 ($0.14) per share, with a total value of A$100,000.00 ($67,567.57).

Genmin Price Performance

The company has a debt-to-equity ratio of 71.81, a quick ratio of 1.36 and a current ratio of 0.07.

About Genmin

Genmin Limited, an exploration and development company, produces iron ores in Africa. The company's flagship property comprises 100% owned the Baniaka iron ore project located in south-east of Gabon, west Central Africa. Genmin Limited was incorporated in 2010 and is based in Perth, Australia.