Insider Buying: Kingston Resources Limited (ASX:KSN) Insider Buys 407,976 Shares of Stock

Kingston Resources Limited (ASX:KSN) insider Andrew Corbett acquired 407,976 shares of the stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average price of A$0.07 ($0.05) per share, for a total transaction of A$30,190.22 ($19,107.74).

Kingston Resources Price Performance

The company has a current ratio of 0.83, a quick ratio of 1.36 and a debt-to-equity ratio of 10.71. The stock has a market cap of $65.72 million, a price-to-earnings ratio of -59.02 and a beta of 1.63.

Kingston Resources Company Profile

Kingston Resources Limited engages in the exploration, production, and evaluation of mineral properties in Australia and Papua New Guinea. The company's flagship project includes the Misima Gold project located in the Papua New Guinea. It also has interests in the Mineral Hill gold and copper mine located in Cobar, New South Wales.