Insider Buying: Image Resources NL (ASX:IMA) Insider Buys A$240,000.00 in Stock
Image Resources NL (ASX:IMA) insider Huang Li purchased 1,000,000 shares of Image Resources stock in a transaction on Thursday, June 13th. The stock was bought at an average cost of A$0.24 ($0.17) per share, with a total value of A$240,000.00 ($170,212.77).
Huang Li also recently made the following trade(s):
- On Wednesday, June 5th, Huang Li purchased 1,300,000 shares of Image Resources stock. The stock was bought at an average cost of A$0.23 ($0.16) per share, with a total value of A$301,600.00 ($213,900.71).
- On Wednesday, May 29th, Huang Li purchased 2,000,000 shares of Image Resources stock. The stock was bought at an average cost of A$0.23 ($0.16) per share, with a total value of A$462,000.00 ($327,659.57).
Shares of ASX:IMA opened at A$0.24 ($0.17) on Monday. Image Resources NL has a fifty-two week low of A$0.10 ($0.07) and a fifty-two week high of A$0.25 ($0.17). The stock has a market capitalization of $233.29 million and a price-to-earnings ratio of 26.67. The company has a quick ratio of 0.54, a current ratio of 1.09 and a debt-to-equity ratio of 112.59.
Image Resources NL operates as a mineral sands mining company. The company focuses on mining, ore processing, and production of heavy mineral concentrates. Its flagship projects are the Boonanarring and Atlas projects, which are North Perth Basin mineral sands projects located in Western Australia. The company is based in West Perth, Australia.
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