Alliance Resources Limited (ASX:AGS) Insider Acquires A$5,010,353.10 in Stock

Alliance Resources Limited (ASX:AGSGet Rating) insider Ian Gandel purchased 27,835,295 shares of Alliance Resources stock in a transaction that occurred on Thursday, May 5th. The shares were bought at an average price of A$0.18 ($0.13) per share, for a total transaction of A$5,010,353.10 ($3,479,411.88).

Ian Gandel also recently made the following trade(s):

  • On Friday, March 11th, Ian Gandel 18,768,088 shares of Alliance Resources stock.

The company has a debt-to-equity ratio of 0.54, a current ratio of 1.37 and a quick ratio of 1.25.

About Alliance Resources (Get Rating)

Alliance Resources Limited, together with its subsidiaries, operates as a mineral exploration and mining company in Australia. The company explores for gold and base metals. Its flagship property is the Wilcherry project comprising seven exploration licenses that covers an area of approximately 1,000 square kilometers located within the southern part of the Gawler Craton in the northern Eyre Peninsula.

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