Insider Selling: Alkane Resources (ASX:ALK) Insider Sells 190,000 Shares of Stock

Alkane Resources Limited (ASX:ALKGet Free Report) insider Frazer Bourchier sold 190,000 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of A$1.50, for a total value of A$285,000.00.

Frazer Bourchier also recently made the following trade(s):

  • On Friday, January 30th, Frazer Bourchier sold 80,912 shares of Alkane Resources stock. The shares were sold at an average price of A$1.35, for a total value of A$109,231.20.

Alkane Resources Stock Performance

The stock has a market cap of $378.46 million, a price-to-earnings ratio of 21.34, a PEG ratio of 4.91 and a beta of 0.94. The company has a debt-to-equity ratio of 15.84, a quick ratio of 3.13 and a current ratio of 1.38.

About Alkane Resources

(Get Free Report)

Alkane Resources Ltd operates as a gold exploration and production company in Australia. The company explores for gold, copper, nickel, zinc, and silver deposits. It also invests in junior gold mining companies and projects. The company was incorporated in 1969 and is headquartered in West Perth, Australia.

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Insider Buying and Selling by Quarter for Alkane Resources (ASX:ALK)

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