Macarthur Minerals Limited (ASX:MIO) Insider Sells A$39,583.32 in Stock

Macarthur Minerals Limited (ASX:MIO) insider Paul (Ryan) Welker sold 746,855 shares of Macarthur Minerals stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of A$0.05 ($0.04), for a total value of A$39,583.32 ($26,388.88).

Macarthur Minerals Price Performance

The company has a debt-to-equity ratio of 1.28, a quick ratio of 5.59 and a current ratio of 0.21.

Macarthur Minerals Company Profile

Macarthur Minerals Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral resource properties. It primarily explores for gold, lithium, iron ore, and nickel deposits. The company holds interests in three iron ore projects in the Yilgarn region of Western Australia; two exploration project areas in the Pilbara, Western Australia targeting iron ore; and lithium brine interests in the Railroad Valley, Nevada, the United States.