Insider Buying: Deterra Royalties Limited (ASX:DRR) Insider Acquires 6,500 Shares of Stock

Deterra Royalties Limited (ASX:DRR) insider Leanne Heywood bought 6,500 shares of Deterra Royalties stock in a transaction dated Tuesday, April 22nd. The shares were bought at an average cost of A$3.50 ($2.24) per share, with a total value of A$22,724.00 ($14,566.67).

Deterra Royalties Price Performance

The company has a market cap of $2.23 billion, a P/E ratio of 14.40, a P/E/G ratio of -1.41 and a beta of 0.65. The company has a debt-to-equity ratio of 0.62, a current ratio of 12.86 and a quick ratio of 210.68.

Deterra Royalties Cuts Dividend

The company also recently declared a Interim dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 24th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a dividend yield of 2.24%. Deterra Royalties’s dividend payout ratio is presently 100.00%.

Deterra Royalties Company Profile

Deterra Royalties Limited operates as a royalty investment company in Australia. The company is also involved in the management and growth of a portfolio of royalty assets across bulk commodities, base, and battery metals. It holds interest in a portfolio of six royalties over the Mining Area C, Yoongarillup/Yalyalup, Wonnerup, Eneabba, and St Ives.