MinRex Resources (ASX:MRR) Insider Buys A$14,250.00 in Stock

MinRex Resources Limited (ASX:MRR) insider James Pearse acquired 838,235 shares of the company’s stock in a transaction that occurred on Monday, January 12th. The stock was bought at an average cost of A$0.02 per share, with a total value of A$14,250.00.

MinRex Resources Stock Performance

The company has a market capitalization of $8.68 million, a price-to-earnings ratio of -11.69 and a beta of 0.11. The company has a debt-to-equity ratio of 0.49, a quick ratio of 38.96 and a current ratio of 42.59.

About MinRex Resources

MinRex Resources Limited engages in the exploration and development of mineral properties. It focuses on the exploration of gold, silver, copper, lithium, tin, tantalum, and other base metal projects in New South Wales (NSW) and Western Australia. The company holds 70% interests in the Marble Bar North, Marble Bar South, Daltons, and Bamboo Creek gold projects in the East Pilbara region of Western Australia; and 100% interests in the Deflector Extended Gold project located at Gullewa in Western Australia.