Insider Buying: Beacon Minerals (ASX:BCN) Insider Acquires 255,172 Shares of Stock

Beacon Minerals Limited (ASX:BCN) insider Graham McGarry purchased 255,172 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were acquired at an average price of A$1.20 per share, with a total value of A$306,206.40.

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

• On Tuesday, November 25th, Graham McGarry acquired 256,151 shares of Beacon Minerals stock. The stock was acquired at an average price of A$2.45 per share, for a total transaction of A$627,569.95.

Beacon Minerals Price Performance

The firm has a market cap of $109.89 million, a P/E ratio of 11.64 and a beta of 0.63. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 13.81.

Beacon Minerals Dividend Announcement

The business also recently disclosed a Interim dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 17th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, December 8th. This represents a yield of 208.0%.

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.