Insider Buying: Deterra Royalties Limited (ASX:DRR) Insider Acquires 20,010 Shares of Stock

Deterra Royalties Limited (ASX:DRRGet Free Report) insider Graeme Devlin purchased 20,010 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was bought at an average cost of A$3.59 ($2.23) per share, with a total value of A$71,915.94 ($44,668.29).

Deterra Royalties Price Performance

The stock has a market cap of $2.23 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of -1.41 and a beta of 0.65. The company has a debt-to-equity ratio of 0.62, a current ratio of 12.86 and a quick ratio of 210.68.

Deterra Royalties Cuts Dividend

The business also recently declared a Interim dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 24th will be given a $0.09 dividend. This represents a yield of 2.24%. The ex-dividend date is Monday, February 24th. Deterra Royalties’s payout ratio is currently 100.00%.

About Deterra Royalties

(Get Free Report)

Deterra Royalties Limited operates as a royalty investment company in Australia. The company is also involved in the management and growth of a portfolio of royalty assets across bulk commodities, base, and battery metals. It holds interest in a portfolio of six royalties over the Mining Area C, Yoongarillup/Yalyalup, Wonnerup, Eneabba, and St Ives.

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