Gateway Mining (ASX:GML) Insider Andrew Bray Acquires 90,363,636 Shares

Gateway Mining Limited (ASX:GML) insider Andrew Bray purchased 90,363,636 shares of Gateway Mining stock in a transaction that occurred on Wednesday, September 24th. The shares were bought at an average cost of A$0.06 per share, for a total transaction of A$4,969,999.98.

Gateway Mining Stock Performance

The company has a current ratio of 3.14, a quick ratio of 9.11 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $9.81 million, a P/E ratio of -5.04 and a beta of 1.81.

Gateway Mining Company Profile

Gateway Mining Limited primarily explores for gold and base metal properties in Western Australia. It owns 100% interest in its flagship Montague Gold project covering an area of approximately 1000 square kilometers located in the town of Sandstone. The company was incorporated in 1957 and is based in Subiaco, Australia.