Paul Lucas Purchases 283,018 Shares of Metro Mining Limited (ASX:MMI) Stock

Metro Mining Limited (ASX:MMI) insider Paul Lucas purchased 283,018 shares of Metro Mining stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average cost of A$0.05 ($0.03) per share, for a total transaction of A$14,999.95 ($9,554.11).

Metro Mining Price Performance

The company has a market capitalization of $364.31 million, a P/E ratio of -10.55 and a beta of 0.74. The company has a debt-to-equity ratio of 561.87, a quick ratio of 0.28 and a current ratio of 0.38.

About Metro Mining

Metro Mining Limited, together with its subsidiaries, operates as an exploration and mining company in China. It explores for bauxite. The company's flagship project is the Bauxite Hills Mine property that covers an area of approximately 1,900 square kilometers located on Western Cape York. The company was formerly known as MetroCoal Limited and changed its name to Metro Mining Limited in December 2014.