Iron Road Limited (IRD) Insider Buys A$16,428.86 in Stock

Iron Road Limited (ASX:IRD) insider Glen Chipman purchased 234,698 shares of the business’s stock in a transaction on Friday, April 12th. The stock was bought at an average cost of A$0.07 ($0.05) per share, for a total transaction of A$16,428.86 ($11,651.67).

Shares of IRD opened at A$0.06 ($0.04) on Wednesday. The company has a debt-to-equity ratio of 3.79, a quick ratio of 0.08 and a current ratio of 0.10. Iron Road Limited has a twelve month low of A$0.05 ($0.03) and a twelve month high of A$0.15 ($0.11). The company has a market capitalization of $38.85 million and a price-to-earnings ratio of -18.67.

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Iron Road Company Profile

Iron Road Limited explores and evaluates iron ore properties in Australia. Its flagship project is the Central Eyre iron project located on the Eyre Peninsula of South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia. Iron Road Limited is a subsidiary of The Sentient Group.

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