Australian Rare Earths Limited (ASX:AR3) Insider Angus Barker Acquires 500,000 Shares of Stock

Australian Rare Earths Limited (ASX:AR3) insider Angus Barker purchased 500,000 shares of Australian Rare Earths stock in a transaction on Tuesday, May 6th. The shares were purchased at an average cost of A$0.07 ($0.04) per share, with a total value of A$34,000.00 ($21,794.87).

Australian Rare Earths Price Performance

The company has a debt-to-equity ratio of 2.92, a quick ratio of 10.39 and a current ratio of 7.27. The firm has a market cap of $13.04 million, a PE ratio of -4,172.50 and a beta of 0.41.

About Australian Rare Earths

Australian Rare Earths Limited engages in the exploration and development of rare earths mineral resource opportunities in Australia. Its flagship project is the Koppamurra project located in South Australia and Victoria. The company was formerly known as Tawel Exploration Pty Ltd and changed its name to Australian Rare Earths Limited in March 2021.