Insider Buying: Truscott Mining Co. Limited (ASX:TRM) Insider Purchases 156,000 Shares of Stock

Truscott Mining Co. Limited (ASX:TRM) insider Peter Smith purchased 156,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The shares were purchased at an average cost of A$0.07 ($0.05) per share, for a total transaction of A$11,544.00 ($7,170.19).

Peter Smith also recently made the following trade(s):

• On Friday, January 31st, Peter Smith bought 15,000 shares of Truscott Mining stock. The shares were acquired at an average price of A$0.08 ($0.05) per share, with a total value of A$1,170.00 ($726.71).
• On Friday, December 20th, Peter Smith acquired 54,000 shares of Truscott Mining stock. The shares were acquired at an average price of A$0.07 ($0.04) per share, with a total value of A$3,726.00 ($2,314.29).
• On Tuesday, November 12th, Peter Smith bought 60,680 shares of Truscott Mining stock. The stock was acquired at an average cost of A$0.06 ($0.04) per share, for a total transaction of A$3,701.48 ($2,299.06).

Truscott Mining Stock Performance

The company has a debt-to-equity ratio of 43.99, a current ratio of 0.08 and a quick ratio of 3.56.

About Truscott Mining

Truscott Mining Corporation Limited engages in the exploration and development of gold and base metal properties in Australia. The company explores for iron, copper, and gold deposits. It holds a 100% interest in the Westminster project covering an area of 9 hectares and 8 blocks; the North Tennant Creek project comprising an area of 77.71 square kilometers and 52 blocks; and the Barkly project located within the Tennant Creek mineral field in the Northern Territory.