American Rare Earths Limited (ASX:ARR) Insider Sells A$33,000.00 in Stock

American Rare Earths Limited (ASX:ARR) insider Sten Gustafson sold 120,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of A$0.28 ($0.17), for a total transaction of A$33,000.00 ($20,496.89).

Sten Gustafson also recently made the following trade(s):

• On Monday, November 25th, Sten Gustafson sold 804,007 shares of American Rare Earths stock. The stock was sold at an average price of A$0.27 ($0.17), for a total value of A$217,885.90 ($135,332.86).
• On Wednesday, November 6th, Sten Gustafson bought 1,000,000 shares of American Rare Earths stock. The shares were acquired at an average cost of A$0.20 ($0.12) per share, with a total value of A$200,000.00 ($124,223.60).
• On Wednesday, October 30th, Sten Gustafson acquired 1,000,000 shares of American Rare Earths stock. The shares were bought at an average price of A$0.20 ($0.12) per share, with a total value of A$200,000.00 ($124,223.60).

American Rare Earths Stock Performance

The company has a debt-to-equity ratio of 1.04, a quick ratio of 7.91 and a current ratio of 24.78.

About American Rare Earths

American Rare Earths Limited engages in the exploration and development of mineral resources in Australia and the United States. The company explores for rare earth, scandium, and cobalt deposits. Its 100% owned flagship property is the Halleck Creek project situated in Wyoming, the United States. The company was formerly known as Broken Hill Prospecting Limited and changed its name to American Rare Earths Limited in July 2020.