Michael Hannington Acquires 3,250,000 Shares of Redbank Copper Limited (ASX:RCP) Stock

Redbank Copper Limited (ASX:RCP) insider Michael Hannington purchased 3,250,000 shares of the business’s stock in a transaction that occurred on Monday, November 22nd. The shares were purchased at an average cost of A$0.02 ($0.01) per share, with a total value of A$61,750.00 ($44,107.14).

Michael Hannington also recently made the following trade(s):

  • On Monday, November 1st, Michael Hannington acquired 1,000,000 shares of Redbank Copper stock. The stock was bought at an average price of A$0.05 ($0.04) per share, with a total value of A$50,000.00 ($35,714.29).

The company has a debt-to-equity ratio of 11.46, a quick ratio of 3.06 and a current ratio of 3.07.

About Redbank Copper

Redbank Copper Limited engages in the exploration, development, and evaluation of copper resources in Australia. It focuses on the development of the Redbank copper project located in the northeast of the Northern Territory in Australia; and the Millers Creek Project situated in the Gawler Craton of South Australia.

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