Emerald Resources NL (ASX:EMR) Insider Buys A$508,050.00 in Stock

Emerald Resources NL (ASX:EMR) insider Jay Hughes bought 150,000 shares of the stock in a transaction dated Thursday, January 9th. The stock was purchased at an average price of A$3.39 ($2.10) per share, with a total value of A$508,050.00 ($315,559.01).

Emerald Resources Price Performance

The company has a debt-to-equity ratio of 13.03, a quick ratio of 0.66 and a current ratio of 1.70.

About Emerald Resources

Emerald Resources NL engages in the exploration and development of mineral reserves in Cambodia and Australia. The company’s exploration tenements include a combination of 100% owned granted licenses, applications, and earn-in and joint venture agreements covering a combined area of 1,239 square kilometers.