TerraCom Limited (ASX:TER) Insider Buys A$330,000.00 in Stock

TerraCom Limited (ASX:TER) insider Mark Lochtenberg acquired 2,000,000 shares of the stock in a transaction dated Wednesday, September 18th. The shares were bought at an average cost of A$0.17 ($0.11) per share, with a total value of A$330,000.00 ($226,027.40).

TerraCom Price Performance

The company has a current ratio of 0.65, a quick ratio of 0.78 and a debt-to-equity ratio of 2.49.

TerraCom Company Profile

TerraCom Limited develops and operates coal mines in Australia and South Africa. The company explores for hard and soft coking, thermal, and PCI coal. Its flagship property is the Blair Athol coal mine located in Clermont, Queensland. The company was formerly known as Guildford Coal Limited and changed its name to TerraCom Limited in November 2015.