MinRex Resources (ASX:MRR) Insider Glenn Whiddon Purchases 12,765,942 Shares of Stock

MinRex Resources Limited (ASX:MRR) insider Glenn Whiddon bought 12,765,942 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The shares were bought at an average price of A$0.02 per share, for a total transaction of A$217,021.01.

MinRex Resources Stock Performance

The stock 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 quick ratio of 38.96, a current ratio of 42.59 and a debt-to-equity ratio of 0.49.

MinRex Resources Company Profile

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.