Ian Gandel Sells 2,000,000 Shares of Alkane Resources Limited (ASX:ALK) Stock

Alkane Resources Limited (ASX:ALKGet Rating) insider Ian Gandel sold 2,000,000 shares of the stock in a transaction on Wednesday, November 2nd. The stock was sold at an average price of A$0.67 ($0.43), for a total value of A$1,332,000.00 ($864,935.06).

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

  • On Friday, September 30th, Ian Gandel sold 200,000 shares of Alkane Resources stock. The stock was sold at an average price of A$0.67 ($0.44), for a total value of A$134,000.00 ($87,012.99).

Alkane Resources Price Performance

The company has a debt-to-equity ratio of 5.60, a current ratio of 3.88 and a quick ratio of 3.13.

Alkane Resources Company Profile

(Get Rating)

Alkane Resources Limited operates as a gold production company in Australia. It explores for gold, copper, nickel, zinc, and silver deposits. The company holds various interests in the Tomingley Gold project that consists of four gold deposits; and the Northern Molong Porphyry Project, which covers an area of 115 square kilometers located in the Central West of New South Wales.

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