Magontec Limited (ASX:MGL – Get Free Report) insider Zhong Jun Li acquired 61,630 shares of the company’s stock in a transaction dated Tuesday, April 30th. The stock was purchased at an average cost of A$0.32 ($0.21) per share, with a total value of A$19,598.34 ($12,893.64).
Zhong Jun Li also recently made the following trade(s):
- On Friday, March 8th, Zhong Jun Li acquired 3,847,524 shares of Magontec stock. The shares were acquired at an average cost of A$0.59 ($0.39) per share, with a total value of A$2,277,734.21 ($1,498,509.35).
Magontec Stock Performance
The company has a debt-to-equity ratio of 8.58, a current ratio of 3.50 and a quick ratio of 1.11.
About Magontec
Magontec Limited, together with its subsidiaries, researches, develops, manufactures, and sells generic and specialist magnesium alloys in Europe, China, North America, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems.
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