Richard Dawson Sells 5,000,000 Shares of Kula Gold (ASX:KGD) Stock

Kula Gold Limited (ASX:KGD) insider Richard Dawson sold 5,000,000 shares of the stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of A$0.09, for a total value of A$460,000.00.

Kula Gold Price Performance

The company has a quick ratio of 2.56, a current ratio of 4.68 and a debt-to-equity ratio of 1.72. The stock has a market capitalization of $3.55 million, a P/E ratio of -1.38 and a beta of 0.85.

About Kula Gold

Kula Gold Limited, together with its subsidiaries, identifies and explores for metals in Western Australia. It primarily explores for gold, lithium, halloysite, nickel, kaolin, and copper deposits, as well as platinum group elements. The company holds interest in Kirup Project, Brunswick Project, and Lake Rebecca Project located in Western Australia. Kula Gold Limited was incorporated in 2007 and is based in Perth, Australia.