Beacon Minerals Limited (ASX:BCN) Insider Graham McGarry Buys 8,400,000 Shares of Stock

Beacon Minerals Limited (ASX:BCN) insider Graham McGarry acquired 8,400,000 shares of the business’s stock in a transaction that occurred on Thursday, May 8th. The stock was bought at an average cost of A$0.03 ($0.02) per share, for a total transaction of A$235,200.00 ($151,741.94).

Graham McGarry also recently made the following trade(s):

• On Monday, March 17th, Graham McGarry purchased 7,695,448 shares of Beacon Minerals stock. The stock was purchased at an average cost of A$0.03 ($0.02) per share, for a total transaction of A$192,386.20 ($124,120.13).

Beacon Minerals Stock Performance

The company has a debt-to-equity ratio of 13.81, a current ratio of 1.94 and a quick ratio of 1.55. The stock has a market capitalization of $109.89 million, a price-to-earnings ratio of 11.64 and a beta of 0.63.

Beacon Minerals Company Profile

Beacon Minerals Limited, together with its subsidiaries, engages in the mineral exploration, development, and production activities in Western Australia. The company holds a 100% interest in the Jaurdi gold project located to the northwest of Coolgardie; and holds interest in the MacPhersons project.