Josef El-Raghy Acquires 633,153 Shares of AIC Mines Limited (ASX:A1M) Stock

AIC Mines Limited (ASX:A1M) insider Josef El-Raghy purchased 633,153 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was bought at an average price of A$0.40 ($0.25) per share, for a total transaction of A$251,994.89 ($157,496.81).

AIC Mines Stock Performance

The company has a current ratio of 4.23, a quick ratio of 2.31 and a debt-to-equity ratio of 3.19. The stock has a market cap of $224.52 million, a P/E ratio of 24.10, a PEG ratio of -1.54 and a beta of -0.17.

AIC Mines Company Profile

AIC Mines Limited explores for, develops, and acquires gold and copper deposits in Australia. It holds interest in the Marymia project comprising an area of approximately 3,600 square kilometers located in the Eastern Gascoyne region of Western Australia; the Eloise copper mine located in North Queensland; and interest in the Lamil project that covers an area of 1,200 square kilometers located in the Paterson Province of Western Australia.