Jay Hughes Purchases 150,000 Shares of Emerald Resources NL (ASX:EMR) Stock

Emerald Resources NL (ASX:EMR) insider Jay Hughes purchased 150,000 shares of the stock in a transaction on Thursday, January 9th. The shares were acquired at an average cost of A$3.39 ($2.12) per share, for a total transaction of A$508,050.00 ($317,531.25).

Emerald Resources Price Performance

The company has a current ratio of 1.70, a quick ratio of 0.66 and a debt-to-equity ratio of 13.03.

About Emerald Resources

Emerald Resources NL engages in the exploration and development of mineral reserves in Cambodia and Australia. The company’s exploration tenements include a combination of 100% owned granted licenses, applications, and earn-in and joint venture agreements covering a combined area of 1,239 square kilometers.