Mount Ridley Mines (ASX:MRD) Insider Pedro Kastellorizos Purchases 5,000,000 Shares

Mount Ridley Mines Limited (ASX:MRD) insider Pedro Kastellorizos purchased 5,000,000 shares of Mount Ridley Mines stock in a transaction dated Friday, December 19th. The shares were purchased at an average cost of A$0.03 per share, for a total transaction of A$155,000.00.

Mount Ridley Mines Price Performance

The company has a quick ratio of 17.86, a current ratio of 11.94 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $1.56 million, a price-to-earnings ratio of -7.26 and a beta of 0.23.

About Mount Ridley Mines

Mount Ridley Mines Limited explores for mineral properties in Australia. The company explores for nickel, iron, copper, and gold deposits, as well as rare earth elements. It primarily holds 100% interests in the Mount Ridley project that consists of 9 granted exploration licenses, which covers an area of approximately 3,400 square kilometers located in the Western Australia; and the Weld Range West project located in Western Australia. The company was incorporated in 2000 and is based in Nedlands, Australia.