Simon Wensley Sells 5,000,000 Shares of Metro Mining Limited (ASX:MMI) Stock

Metro Mining Limited (ASX:MMI) insider Simon Wensley sold 5,000,000 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of A$0.05 ($0.03), for a total transaction of A$265,000.00 ($174,342.11).

Metro Mining Stock Performance

The company has a current ratio of 0.38, a quick ratio of 0.28 and a debt-to-equity ratio of 561.87.

About Metro Mining

Metro Mining Limited, together with its subsidiaries, operates as an exploration and mining company in China. It explores for bauxite. The company's flagship project is the Bauxite Hills Mine property that covers an area of approximately 1,900 square kilometers located on Western Cape York. The company was formerly known as MetroCoal Limited and changed its name to Metro Mining Limited in December 2014.