Andrew Corbett Acquires 407,976 Shares of Kingston Resources Limited (ASX:KSN) Stock

Kingston Resources Limited (ASX:KSN) insider Andrew Corbett bought 407,976 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were purchased at an average cost of A$0.07 ($0.05) per share, for a total transaction of A$30,190.22 ($19,107.74).

Kingston Resources Stock Performance

The company has a current ratio of 0.83, a quick ratio of 1.36 and a debt-to-equity ratio of 10.71. The stock has a market cap of $65.72 million, a price-to-earnings ratio of -59.02 and a beta of 1.63.

About Kingston Resources

Kingston Resources Limited engages in the exploration, production, and evaluation of mineral properties in Australia and Papua New Guinea. The company's flagship project includes the Misima Gold project located in the Papua New Guinea. It also has interests in the Mineral Hill gold and copper mine located in Cobar, New South Wales.