Iron Road Limited (ASX:IRD) Insider Peter Cassidy Buys 2,000,000 Shares of Stock

Iron Road Limited (ASX:IRD) insider Peter Cassidy purchased 2,000,000 shares of Iron Road stock in a transaction that occurred on Monday, June 30th. The stock was bought at an average cost of A$0.02 ($0.01) per share, with a total value of A$42,000.00 ($27,631.58).

Iron Road Stock Performance

The company has a quick ratio of 1.04, a current ratio of 0.86 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $43.27 million, a PE ratio of -28.82 and a beta of 0.36.

Iron Road Company Profile

Iron Road Limited explores for and evaluates iron ore properties in Australia. Its flagship project is the 100% owned Central Eyre iron project located on the Eyre Peninsula of South Australia. The company also holds 90% interest in the Gawler iron project located in South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia.