Insider Buying: Metro Mining Limited (ASX:MMI) Insider Purchases 283,018 Shares of Stock

Metro Mining Limited (ASX:MMI) insider Paul Lucas bought 283,018 shares of Metro Mining stock in a transaction dated Monday, March 10th. The stock was purchased 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 cap of $364.31 million, a price-to-earnings ratio of -10.55 and a beta of 0.74. The company has a current ratio of 0.38, a quick ratio of 0.28 and a debt-to-equity ratio of 561.87.

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.