Gtn Ltd (ASX:GTN) Insider Buys A$65,428.68 in Stock

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Gtn Ltd (ASX:GTN) insider Robert (Rob) Loewenthal acquired 80,876 shares of GTN stock in a transaction dated Tuesday, September 10th. The stock was purchased at an average cost of A$0.81 ($0.57) per share, with a total value of A$65,428.68 ($46,403.32).

Shares of ASX:GTN remained flat at $A$0.82 ($0.58) during midday trading on Thursday. 11,461,734 shares of the company were exchanged. The company has a quick ratio of 2.57, a current ratio of 2.67 and a debt-to-equity ratio of 26.48. The firm has a 50 day simple moving average of A$0.88. Gtn Ltd has a 12-month low of A$0.78 ($0.55) and a 12-month high of A$2.35 ($1.67). The company has a market capitalization of $183.68 million and a price-to-earnings ratio of 11.71.

GTN Company Profile

King Island Scheelite Limited operates in the mining industry. It focuses on the redevelopment of its 100% Dolphin tungsten project in King Island, Tasmania. The company was formerly known as GTN Resources Limited and changed its name to King Island Scheelite Limited in October 2005. King Island Scheelite Limited was incorporated in 1966 and is based in Sydney, Australia.

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