Insider Buying: Ballymore Resources (ASX:BMR) Insider Buys 700,000 Shares of Stock

Ballymore Resources Limited (ASX:BMR) insider Andrew Gilbert acquired 700,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average cost of A$0.26 per share, with a total value of A$182,000.00.

Ballymore Resources Price Performance

The company has a debt-to-equity ratio of 52.11, a quick ratio of 7.14 and a current ratio of 10.62. The stock has a market cap of $26.51 million, a price-to-earnings ratio of -13.97 and a beta of 0.29.

About Ballymore Resources

Ballymore Resources Limited operates as an exploration and development company. The company explores for gold, copper, silver, lead, zinc, and other mineral deposits. It holds 100% interests in the Dittmer project that consists of two mining leases and three granted exploration permits covering an area of approximately 488 square kilometers located in central Queensland; the Ruddygore project comprises four granted exploration permits, which covers an area of 558 square kilometers located adjacent to the regional center of Chillagoe in north Queensland; and the Mount Molloy project includes one granted exploration permit covering an area of approximately 78 square kilometers located in Hodgkinson province of north Queensland and is located south of the town of Mount Molloy.