Insider Buying: Alvo Minerals Limited (ASX:ALV) Insider Purchases 418,947 Shares of Stock

Alvo Minerals Limited (ASX:ALV) insider Robert Smakman purchased 418,947 shares of the stock in a transaction that occurred on Tuesday, December 24th. The stock was purchased at an average price of A$0.04 ($0.03) per share, for a total transaction of A$17,176.83 ($10,668.84).

Alvo Minerals Price Performance

The company has a quick ratio of 21.48, a current ratio of 9.09 and a debt-to-equity ratio of 0.29.

About Alvo Minerals

Alvo Minerals Limited operates as a mineral exploration company in Brazil. It explores for copper, zinc, lead, silver, gold, and rare earth element deposits. The company holds 100% interest in the Bluebush Ionic Clay REE project comprising 8 exploration tenements covering an area of approximately 120 square kilometers and located in Central Brazil; and holds approximately 80% interest in the Palma VMS Cu-Zn project covering an area of approximately 850 square kilometers and located in VMS District, Central Brazil.