Joshua Pitt Acquires 900,000 Shares of Red Metal Limited (ASX:RDM) Stock

Red Metal Limited (ASX:RDM) insider Joshua Pitt purchased 900,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were purchased at an average cost of A$0.10 ($0.07) per share, with a total value of A$90,000.00 ($59,602.65).

Red Metal Stock Performance

The company has a quick ratio of 24.06, a current ratio of 7.14 and a debt-to-equity ratio of 4.54.

Red Metal Company Profile

Red Metal Limited, together with its subsidiaries, acquires and explores for mineral properties in Australia. It explores for copper, gold, lithium, silver, lead, zinc, cobalt, nickel, and rare earths deposits. Red Metal Limited was incorporated in 2003 and is based in Sydney, Australia.