Insider Buying: Develop Global Limited (ASX:DVP) Insider Buys 11,080,035 Shares of Stock

Develop Global Limited (ASX:DVP – Get Rating) insider William (Bill) Beament bought 11,080,035 shares of the business’s stock in a transaction dated Friday, May 12th. The shares were bought at an average cost of A$0.68 ($0.45) per share, for a total transaction of A$7,479,023.63 ($5,019,478.94).

William (Bill) Beament also recently made the following trade(s):

• On Thursday, March 16th, William (Bill) Beament bought 11,277 shares of Develop Global stock. The shares were bought at an average cost of A$3.00 ($2.01) per share, for a total transaction of A$33,774.62 ($22,667.53).

Develop Global Price Performance

The company has a quick ratio of 3.80, a current ratio of 1.61 and a debt-to-equity ratio of 14.40.

About Develop Global

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Develop Global Limited, together with its subsidiaries, engages in the exploration and development of mineral resource properties in Australia. It primarily explores for copper, zinc, lead, silver, and gold deposits. The company's flagship project is the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves deposits and tenements located to the south east of Port Hedland.