Iron Road Limited (IRD) Insider Glen Chipman Buys 234,698 Shares

Iron Road Limited (ASX:IRD) insider Glen Chipman purchased 234,698 shares of the stock in a transaction dated Friday, April 12th. The shares were acquired at an average price of A$0.07 ($0.05) per share, with a total value of A$16,428.86 ($11,651.67).

Shares of ASX:IRD opened at A$0.06 ($0.04) on Wednesday. Iron Road Limited has a one year low of A$0.05 ($0.03) and a one year high of A$0.15 ($0.11). The company has a quick ratio of 0.08, a current ratio of 0.10 and a debt-to-equity ratio of 3.79. The company has a market cap of $38.85 million and a PE ratio of -18.67.

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Iron Road Company Profile

Iron Road Limited explores and evaluates iron ore properties in Australia. Its flagship project is the Central Eyre iron project located on the Eyre Peninsula of South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia. Iron Road Limited is a subsidiary of The Sentient Group.

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