Kula Gold (ASX:KGD) Insider Richard Dawson Sells 5,000,000 Shares of Stock

Kula Gold Limited (ASX:KGD) insider Richard Dawson sold 5,000,000 shares of the business’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of A$0.09, for a total transaction of A$460,000.00.

Kula Gold Stock Performance

The stock has a market cap of $3.55 million, a price-to-earnings ratio of -1.38 and a beta of 0.85. The company has a debt-to-equity ratio of 1.72, a quick ratio of 2.56 and a current ratio of 4.68.

About Kula Gold

Kula Gold Limited, together with its subsidiaries, identifies and explores for metals in Western Australia. It primarily explores for gold, lithium, halloysite, nickel, kaolin, and copper deposits, as well as platinum group elements. The company holds interest in Kirup Project, Brunswick Project, and Lake Rebecca Project located in Western Australia. Kula Gold Limited was incorporated in 2007 and is based in Perth, Australia.