Emerald Resources NL (ASX:EMR) Insider Purchases A$505,500.00 in Stock

Emerald Resources NL (ASX:EMR) insider Michael Bowen purchased 150,000 shares of Emerald Resources stock in a transaction that occurred on Tuesday, January 14th. The stock was acquired at an average price of A$3.37 ($2.11) per share, for a total transaction of A$505,500.00 ($315,937.50).

Emerald Resources Stock Performance

The company has a debt-to-equity ratio of 13.03, a current ratio of 1.70 and a quick ratio of 0.66.

About Emerald Resources

Emerald Resources NL engages in the exploration and development of mineral reserves in Cambodia and Australia. The company’s exploration tenements include a combination of 100% owned granted licenses, applications, and earn-in and joint venture agreements covering a combined area of 1,239 square kilometers.