Graham McGarry Buys 7,695,448 Shares of Beacon Minerals Limited (ASX:BCN) Stock

Beacon Minerals Limited (ASX:BCN) insider Graham McGarry acquired 7,695,448 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The shares were acquired at an average cost of A$0.03 ($0.02) per share, for a total transaction of A$192,386.20 ($120,997.61).

Beacon Minerals Stock Performance

The company has a debt-to-equity ratio of 13.81, a current ratio of 1.94 and a quick ratio of 1.55. The stock has a market cap of $109.89 million, a P/E ratio of 11.64 and a beta of 0.63.

Beacon Minerals Company Profile

Beacon Minerals Limited, together with its subsidiaries, engages in the mineral exploration, development, and production activities in Western Australia. The company holds a 100% interest in the Jaurdi gold project located to the northwest of Coolgardie; and holds interest in the MacPhersons project.