Simon Wensley Sells 6,500,000 Shares of Metro Mining Limited (ASX:MMI) Stock

Metro Mining Limited (ASX:MMI) insider Simon Wensley sold 6,500,000 shares of the stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of A$0.06 ($0.04), for a total transaction of A$390,000.00 ($254,901.96).

Metro Mining Stock Performance

The company has a quick ratio of 0.28, a current ratio of 0.38 and a debt-to-equity ratio of 561.87. The stock has a market capitalization of $364.31 million, a P/E ratio of -10.55 and a beta of 0.74.

Metro Mining Company Profile

Metro Mining Limited, together with its subsidiaries, operates as an exploration and mining company in China. It explores for bauxite. The company's flagship project is the Bauxite Hills Mine property that covers an area of approximately 1,900 square kilometers located on Western Cape York. The company was formerly known as MetroCoal Limited and changed its name to Metro Mining Limited in December 2014.