Steven Formica Purchases 1,738,442 Shares of Great Northern Minerals Limited (ASX:GNM) Stock

Great Northern Minerals Limited (ASX:GNM) insider Steven Formica acquired 1,738,442 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The shares were acquired at an average cost of A$0.01 ($0.01) per share, for a total transaction of A$20,861.30 ($13,120.32).

Great Northern Minerals Price Performance

The company has a quick ratio of 0.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.49.

About Great Northern Minerals

Great Northern Minerals Limited explores for and develops gold mineral properties in Australia. It holds interest in the Golden Ant Project comprising Camel Creek, Golden Cup located in Northern Queensland. The company was formerly known as Greenpower Energy Limited and changed its name to Great Northern Minerals Limited in October 2019.