Insider Buying: Red Mountain Mining Limited (ASX:RMX) Insider Acquires 200,000 Shares of Stock

Red Mountain Mining Limited (ASX:RMX) insider Lincoln Liu acquired 200,000 shares of the firm’s stock in a transaction on Wednesday, March 26th. The stock was purchased at an average price of A$0.90 ($0.57) per share, with a total value of A$180,000.00 ($113,207.55).

Red Mountain Mining Price Performance

The company has a market cap of $3.72 million, a price-to-earnings ratio of -11.32 and a beta of 0.58. The company has a debt-to-equity ratio of 4.70, a current ratio of 3.18 and a quick ratio of 10.42.

Red Mountain Mining Company Profile

Red Mountain Mining Limited explores for and develops mineral properties in Australia. It explores for lithium, nickel, gold, uranium, copper, cobalt, and base metals. The company was incorporated in 2006 and is based in Subiaco, Australia.