Sunstone Metals Limited (ASX:STM) Insider Stephen Stroud Buys 447,762 Shares

Sunstone Metals Limited (ASX:STMGet Rating) insider Stephen Stroud acquired 447,762 shares of the firm’s stock in a transaction that occurred on Friday, May 13th. The shares were bought at an average cost of A$0.07 ($0.05) per share, with a total value of A$30,000.05 ($20,979.06).

The company has a debt-to-equity ratio of 0.21, a quick ratio of 8.48 and a current ratio of 8.51.

About Sunstone Metals (Get Rating)

Sunstone Metals Limited engages in the exploration, evaluation, and development of mineral properties. It primarily explores for gold and copper deposits. It holds interests in the Bramaderos gold-copper porphyry concession covering 4,959 hectares located in Loja Province, southern Ecuador; and the El Palmar copper-gold porphyry project comprising 790 hectares situated in the Imbabura Province, northern Ecuador.

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