Insider Selling: Base Resources Limited (BSE) Insider Sells 3,632,819 Shares of Stock

Base Resources Limited (ASX:BSE) insider Timothy (Tim) Carstens sold 3,632,819 shares of the business’s stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of A$0.24 ($0.17), for a total value of A$871,876.56 ($618,352.17).

Timothy (Tim) Carstens also recently made the following trade(s):

  • On Friday, May 10th, Timothy (Tim) Carstens sold 167,181 shares of Base Resources stock. The shares were sold at an average price of A$0.26 ($0.19), for a total value of A$43,801.42 ($31,064.84).

BSE traded up A$0.01 ($0.01) on Friday, hitting A$0.25 ($0.17). 642,239 shares of the company were exchanged. Base Resources Limited has a twelve month low of A$0.21 ($0.15) and a twelve month high of A$0.33 ($0.23). The stock has a market capitalization of $285.82 million and a price-to-earnings ratio of 8.17. The company has a debt-to-equity ratio of 15.80, a current ratio of 2.60 and a quick ratio of 1.92.

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Base Resources Company Profile

Base Resources Limited produces and sells mineral sands in Africa. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns 100% interests in the Kwale Mineral Sands project located in Kenya. The company was formerly known as Base Iron Limited and changed its name to Base Resources Limited in 2010.

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