Mark Southey Buys 107,142 Shares of Arafura Rare Earths (ASX:ARU) Stock

Arafura Rare Earths Limited (ASX:ARU) insider Mark Southey bought 107,142 shares of the company’s stock in a transaction on Monday, December 15th. The shares were bought at an average price of A$0.28 per share, with a total value of A$29,999.76.

Mark Southey also recently made the following trade(s):

• On Friday, October 10th, Mark Southey purchased 157,895 shares of Arafura Rare Earths stock. The stock was bought at an average cost of A$0.19 per share, with a total value of A$30,000.05.

Arafura Rare Earths Price Performance

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

About Arafura Rare Earths

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.