Insider Selling: Saracen Mineral Holdings Limited (SAR) Insider Sells A$50,100.00 in Stock

Saracen Mineral Holdings Limited (ASX:SAR) insider Martin Reed sold 15,000 shares of the business’s stock in a transaction dated Friday, February 1st. The stock was sold at an average price of A$3.34 ($2.37), for a total transaction of A$50,100.00 ($35,531.91).

SAR opened at A$3.20 ($2.27) on Monday. The stock has a market cap of $2.62 billion and a P/E ratio of 34.78. Saracen Mineral Holdings Limited has a twelve month low of A$0.87 ($0.62) and a twelve month high of A$1.85 ($1.31). The company has a current ratio of 3.10, a quick ratio of 2.07 and a debt-to-equity ratio of 0.04.

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Saracen Mineral Company Profile

Saracen Mineral Holdings Limited, a gold mining company, explores for and develops mineral properties in Australia. The company explores for gold and nickel deposits. It owns 100% interests in the Carosue Dam operations located to the north-east of Kalgoorlie, Western Australia; and Thunderbox operations located in the Yandal and the Agnew-Wiluna belts in the North Eastern Goldfields of Western Australia.

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