Insider Buying: Emerald Resources NL (ASX:EMR) Insider Buys 150,000 Shares of Stock

Emerald Resources NL (ASX:EMR) insider Michael Bowen acquired 150,000 shares of the company’s stock in a transaction on Tuesday, January 14th. The stock was purchased at an average cost of A$3.37 ($2.09) per share, for a total transaction of A$505,500.00 ($313,975.16).

Emerald Resources Stock Performance

The company has a debt-to-equity ratio of 13.03, a current ratio of 1.70 and a quick ratio of 0.66.

About Emerald Resources

Emerald Resources NL engages in the exploration and development of mineral reserves in Cambodia and Australia. The company’s exploration tenements include a combination of 100% owned granted licenses, applications, and earn-in and joint venture agreements covering a combined area of 1,239 square kilometers.