Arafura Rare Earths (ASX:ARU) Insider Mark Southey Buys 107,142 Shares

Arafura Rare Earths Limited (ASX:ARU) insider Mark Southey purchased 107,142 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The stock was bought at an average cost of A$0.28 per share, for a total transaction of A$29,999.76.

Mark Southey also recently made the following trade(s):

• On Friday, October 10th, Mark Southey acquired 157,895 shares of Arafura Rare Earths stock. The shares were bought at an average price of A$0.19 per share, with a total value of A$30,000.05.

Arafura Rare Earths Price Performance

The company has a debt-to-equity ratio of 0.52, a current ratio of 1.89 and a quick ratio of 2.30. The stock has a market capitalization of $357.33 million, a price-to-earnings ratio of -5.01 and a beta of 1.23.

About Arafura Rare Earths

Arafura Rare Earths Limited explores for and develops mineral properties in Australia. It focuses on the production of rare earth products, such as neodymium-praseodymium and mixed middle-heavy rare earths oxides. The company holds 100% interests in the Nolans project, a rare earths-phosphate-uranium-thorium deposit that supplies neodymium and praseodymium products; and the Aileron-Reynolds project comprising six granted exploration licences covering an area of approximately 1,240 kilometer square located in Northern Territory, Australia.