Arafura Rare Earths (ASX:ARU) Insider Roger Higgins Acquires 107,142 Shares of Stock

Arafura Rare Earths Limited (ASX:ARU) insider Roger Higgins acquired 107,142 shares of Arafura Rare Earths stock in a transaction dated Monday, December 15th. The stock was acquired at an average cost of A$0.28 per share, with a total value of A$29,999.76.

Arafura Rare Earths Stock Performance

The stock has a market capitalization of $357.33 million, a PE ratio of -5.01 and a beta of 1.23. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.30 and a current ratio of 1.89.

Arafura Rare Earths Company Profile

Arafura Rare Earths Limited explores for and develops mineral properties in Australia. It focuses on the production of rare earth products, such as neodymium-praseodymium and mixed middle-heavy rare earths oxides. The company holds 100% interests in the Nolans project, a rare earths-phosphate-uranium-thorium deposit that supplies neodymium and praseodymium products; and the Aileron-Reynolds project comprising six granted exploration licences covering an area of approximately 1,240 kilometer square located in Northern Territory, Australia.