Kingston Resources Ltd (ASX:KSN) insider Michael (Mick) Wilkes purchased 2,400,000 shares of the stock in a transaction on Tuesday, November 6th. The shares were acquired at an average price of A$0.02 ($0.01) per share, for a total transaction of A$50,400.00 ($35,744.68).
Shares of KSN stock opened at A$0.02 ($0.01) on Wednesday. The company has a quick ratio of 9.41, a current ratio of 9.42 and a debt-to-equity ratio of 1.22.
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About Kingston Resources
Kingston Resources Limited engages in the exploration and evaluation of mineral properties in Australia. The company primarily explores for lithium, gold, and copper deposits. It holds interests in Misima gold project and Livingstone gold project. The company was formerly known as NuWorld Solutions Limited and changed its name to Kingston Resources Limited in October 2012.
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