Beacon Minerals Limited (ASX:BCN) Insider Purchases A$2,085,596.80 in Stock

Beacon Minerals Limited (ASX:BCN) insider Graham McGarry acquired 83,423,872 shares of the business’s stock in a transaction dated Monday, February 22nd. The stock was acquired at an average price of A$0.03 ($0.02) per share, with a total value of A$2,085,596.80 ($1,489,712.00).

Graham McGarry also recently made the following trade(s):

  • On Thursday, January 7th, Graham McGarry acquired 18,802,155 shares of Beacon Minerals stock. The stock was acquired at an average price of A$0.02 ($0.01) per share, with a total value of A$300,834.48 ($214,881.77).

The company’s 50-day moving average is A$0.04. The company has a debt-to-equity ratio of 63.40, a current ratio of 4.43 and a quick ratio of 2.58.

The firm also recently disclosed a Interim dividend, which will be paid on Wednesday, March 24th. Stockholders of record on Wednesday, March 24th will be given a $0.007 dividend. This represents a dividend yield of 17.95%. The ex-dividend date of this dividend is Thursday, March 18th.

Beacon Minerals Company Profile

Beacon Minerals Limited engages in the mineral exploration, development, and production activities in Western Australia. It holds a 100% interest in the Jaurdi gold project located to the north west of Coolgardie. The company was incorporated in 2006 and is based in Boulder, Australia.

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