Matthew Latimore Sells 50,000,000 Shares of Bowen Coking Coal Limited (ASX:BCB) Stock

Bowen Coking Coal Limited (ASX:BCB – Get Rating) insider Matthew Latimore sold 50,000,000 shares of the firm’s stock in a transaction on Monday, August 1st. The stock was sold at an average price of A$0.28 ($0.19), for a total transaction of A$13,750,000.00 ($9,683,098.59).

Matthew Latimore also recently made the following trade(s):

• On Thursday, June 2nd, Matthew Latimore purchased 55,000,000 shares of Bowen Coking Coal stock. The stock was bought at an average price of A$0.33 ($0.23) per share, for a total transaction of A$17,930,000.00 ($12,626,760.56).

Bowen Coking Coal Price Performance

The company has a current ratio of 11.01, a quick ratio of 10.64 and a debt-to-equity ratio of 0.26.

About Bowen Coking Coal

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Bowen Coking Coal Limited engages in the exploration and development of coal project with primary focus on metallurgical coal. It holds 100% interests in the Isaac River Project that covers an area of 14 square kilometers located in the Bowen Basin in Central Queensland; the Cooroorah Project located north of Blackwater; the Carborough project; and the Comet Ridge Project located South of the township of Comet, as well as 90% interests the Hillalong Coking Coal Project comprising of 15 sub-blocks covering an area of approximately 48 square kilometers located in the northern Bowen Basin.