Insider Buying: Australian Pacific Coal Limited (ASX:AQC) Insider Acquires 1,000,000 Shares of Stock

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

Australian Pacific Coal Stock Performance

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

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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