Insider Buying: MinRex Resources Limited (ASX:MRR) Insider Buys 5,000,000 Shares of Stock

MinRex Resources Limited (ASX:MRR) insider Glenn Whiddon acquired 5,000,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were acquired at an average price of A$0.01 ($0.00) per share, with a total value of A$40,000.00 ($24,844.72).

MinRex Resources Stock Performance

The company has a debt-to-equity ratio of 0.49, a quick ratio of 38.96 and a current ratio of 42.59.

MinRex Resources Company Profile

MinRex Resources Limited engages in the exploration and development of mineral properties. It focuses on the exploration of gold, silver, copper, lithium, tin, tantalum, and other base metal projects in New South Wales (NSW) and Western Australia. The company holds 70% interests in the Marble Bar North, Marble Bar South, Daltons, and Bamboo Creek gold projects in the East Pilbara region of Western Australia; and 100% interests in the Deflector Extended Gold project located at Gullewa in Western Australia.