Resolute Mining Limited (ASX:RSG) insider John Welborn acquired 25,000 shares of the stock in a transaction on Friday, June 7th. The stock was acquired at an average cost of A$1.03 ($0.73) per share, for a total transaction of A$25,750.00 ($18,262.41).
John Welborn also recently made the following trade(s):
- On Monday, May 20th, John Welborn 698,690 shares of Resolute Mining stock.
RSG traded up A$0.05 ($0.04) during trading on Friday, reaching A$1.13 ($0.80). The company’s stock had a trading volume of 8,915,383 shares, compared to its average volume of 6,400,000. Resolute Mining Limited has a 52-week low of A$0.91 ($0.65) and a 52-week high of A$1.44 ($1.02). The firm has a market capitalization of $856.65 million and a PE ratio of -125.56. The company has a current ratio of 1.57, a quick ratio of 0.65 and a debt-to-equity ratio of 6.67.
ILLEGAL ACTIVITY NOTICE: This piece of content was reported by Modern Readers and is the sole property of of Modern Readers. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of United States and international copyright law. The correct version of this piece of content can be read at https://www.modernreaders.com/news/2019/06/14/insider-buying-resolute-mining-limited-asxrsg-insider-buys-25000-shares-of-stock.html.
About Resolute Mining
Resolute Mining Limited engages in the mining, exploration, development, and production of gold properties in Africa and Australia. The company's flagship project is the Syama Gold Mine located in Mali, West Africa. It is also involved in the prospecting and exploration of minerals. The company was incorporated in 2001 and is based in Perth, Australia.
Recommended Story: Understanding debt-to-equity ratio in fundamental analysis
Receive News & Ratings for Resolute Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Resolute Mining and related companies with MarketBeat.com's FREE daily email newsletter.