Andrew Corbett Purchases 407,976 Shares of Kingston Resources Limited (ASX:KSN) Stock

Kingston Resources Limited (ASX:KSN) insider Andrew Corbett bought 407,976 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average price of A$0.07 ($0.05) per share, for a total transaction of A$30,190.22 ($18,987.56).

Kingston Resources Stock Performance

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

About Kingston Resources

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.