Alkane Resources (ASX:ALK) Insider Bradford Mills Sells 50,000,000 Shares

Alkane Resources Limited (ASX:ALK) insider Bradford Mills sold 50,000,000 shares of Alkane Resources stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of A$1.50, for a total transaction of A$75,000,000.00.

Alkane Resources Price Performance

The firm has a market cap of $378.46 million, a price-to-earnings ratio of 21.34, a price-to-earnings-growth ratio of 4.91 and a beta of 0.94. The company has a quick ratio of 3.13, a current ratio of 1.38 and a debt-to-equity ratio of 15.84.

About Alkane Resources

Alkane Resources Ltd operates as a gold exploration and production company in Australia. The company explores for gold, copper, nickel, zinc, and silver deposits. It also invests in junior gold mining companies and projects. The company was incorporated in 1969 and is headquartered in West Perth, Australia.