Insider Buying: Kingsrose Mining Limited (ASX:KRM) Insider Purchases 350,000 Shares of Stock

Kingsrose Mining Limited (ASX:KRM) insider Michael Andrews acquired 350,000 shares of the stock in a transaction on Wednesday, May 29th. The shares were acquired at an average price of A$0.04 ($0.03) per share, for a total transaction of A$15,050.00 ($10,673.76).

Michael Andrews also recently made the following trade(s):

  • On Wednesday, June 5th, Michael Andrews acquired 500,000 shares of Kingsrose Mining stock. The shares were acquired at an average price of A$1.00 ($0.71) per share, for a total transaction of A$500,000.00 ($354,609.93).
  • On Tuesday, May 7th, Michael Andrews acquired 2,700,000 shares of Kingsrose Mining stock. The shares were acquired at an average price of A$0.04 ($0.03) per share, for a total transaction of A$113,400.00 ($80,425.53).

Shares of KRM stock opened at A$0.04 ($0.03) on Thursday. Kingsrose Mining Limited has a one year low of A$0.03 ($0.02) and a one year high of A$0.08 ($0.05). The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.93 and a current ratio of 1.56. The stock has a market capitalization of $27.74 million and a P/E ratio of -5.43. The firm has a 50-day moving average price of A$0.04.

About Kingsrose Mining

Kingsrose Mining Limited engages in the production, exploration, and development of gold properties in Australia, Indonesia, and British Virgin Islands. It holds an 85% interest in the Way Linggo gold and silver project located in South Sumatra, Indonesia. Kingsrose Mining Limited is based in Subiaco, Australia.

See Also: Cost of Goods Sold (COGS)

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