Metro Mining Limited (ASX:MMI) Insider Simon Wensley Sells 6,500,000 Shares of Stock

Metro Mining Limited (ASX:MMI) insider Simon Wensley sold 6,500,000 shares of the business’s stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of A$0.06 ($0.04), for a total transaction of A$390,000.00 ($254,901.96).

Metro Mining Stock Performance

The company has a debt-to-equity ratio of 561.87, a quick ratio of 0.28 and a current ratio of 0.38. The company has a market capitalization of $364.31 million, a price-to-earnings ratio of -10.55 and a beta of 0.74.

Metro Mining Company Profile

Metro Mining Limited, together with its subsidiaries, operates as an exploration and mining company in China. It explores for bauxite. The company's flagship project is the Bauxite Hills Mine property that covers an area of approximately 1,900 square kilometers located on Western Cape York. The company was formerly known as MetroCoal Limited and changed its name to Metro Mining Limited in December 2014.