Deterra Royalties Limited (ASX:DRR) Insider Graeme Devlin Acquires 20,010 Shares of Stock

Deterra Royalties Limited (ASX:DRR) insider Graeme Devlin bought 20,010 shares of the stock in a transaction dated Friday, February 28th. The shares were purchased at an average cost of A$3.59 ($2.23) per share, for a total transaction of A$71,915.94 ($44,668.29).

Deterra Royalties Stock Performance

The company has a quick ratio of 210.68, a current ratio of 12.86 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 14.40, a P/E/G ratio of -1.41 and a beta of 0.65.

Deterra Royalties Cuts Dividend

The company also recently announced a Interim dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 24th will be given a dividend of $0.09 per share. This represents a dividend yield of 2.24%. The ex-dividend date of this dividend is Monday, February 24th. Deterra Royalties’s payout ratio is 100.00%.

Deterra Royalties Company Profile

Deterra Royalties Limited operates as a royalty investment company in Australia. The company is also involved in the management and growth of a portfolio of royalty assets across bulk commodities, base, and battery metals. It holds interest in a portfolio of six royalties over the Mining Area C, Yoongarillup/Yalyalup, Wonnerup, Eneabba, and St Ives.