Insider Buying: Metro Mining Limited (ASX:MMI) Insider Purchases 283,018 Shares of Stock

Metro Mining Limited (ASX:MMI) insider Paul Lucas acquired 283,018 shares of the firm’s stock in a transaction on Monday, March 10th. The shares were acquired at an average price of A$0.05 ($0.03) per share, with a total value of A$14,999.95 ($9,433.93).

Paul Lucas also recently made the following trade(s):

• On Friday, March 7th, Paul Lucas acquired 104,450 shares of Metro Mining stock. The shares were acquired at an average price of A$0.05 ($0.03) per share, with a total value of A$5,535.85 ($3,481.67).

Metro Mining Stock Performance

The company has a current ratio of 0.38, a quick ratio of 0.28 and a debt-to-equity ratio of 561.87. The company has a market cap of $364.31 million, a P/E ratio of -10.55 and a beta of 0.74.

Metro Mining Company Profile

Metro Mining Limited, together with its subsidiaries, operates as an exploration and mining company in China. It explores for bauxite. The company's flagship project is the Bauxite Hills Mine property that covers an area of approximately 1,900 square kilometers located on Western Cape York. The company was formerly known as MetroCoal Limited and changed its name to Metro Mining Limited in December 2014.