Insider Buying: Australian Pacific Coal Limited (ASX:AQC) Insider Buys A$94,000.00 in Stock

Australian Pacific Coal Limited (ASX:AQCGet Free Report) insider John Robinson Jnr bought 1,000,000 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were purchased at an average cost of A$0.09 ($0.06) per share, for a total transaction of A$94,000.00 ($58,750.00).

Australian Pacific Coal Stock Performance

The company has a quick ratio of 0.01, a current ratio of 1.59 and a debt-to-equity ratio of 281.27.

About Australian Pacific Coal

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Australian Pacific Coal Limited acquires, explores for, and develops thermal and metallurgical coal prospects in Australia. It holds interests in the Dartbrook project covering an area of 3,268 hectares located in the coal region of the Hunter Valley, New South Wales; and the Matuan Downs Bentonite project in the Queensland.

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