Insider Buying: Red Mountain Mining Limited (ASX:RMX) Insider Buys 200,000 Shares of Stock

Red Mountain Mining Limited (ASX:RMX) insider Lincoln Liu purchased 200,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 26th. The stock was purchased at an average price of A$0.90 ($0.57) per share, for a total transaction of A$180,000.00 ($113,207.55).

Red Mountain Mining Price Performance

The firm has a market capitalization of $3.72 million, a PE ratio of -11.32 and a beta of 0.58. The company has a current ratio of 3.18, a quick ratio of 10.42 and a debt-to-equity ratio of 4.70.

Red Mountain Mining Company Profile

Red Mountain Mining Limited explores for and develops mineral properties in Australia. It explores for lithium, nickel, gold, uranium, copper, cobalt, and base metals. The company was incorporated in 2006 and is based in Subiaco, Australia.