Mark Gray Acquires 400,794 Shares of Allegiance Coal Ltd (ASX:AHQ) Stock

Allegiance Coal Ltd (ASX:AHQ) insider Mark Gray acquired 400,794 shares of the stock in a transaction dated Wednesday, January 16th. The stock was bought at an average cost of A$0.05 ($0.04) per share, with a total value of A$20,039.70 ($14,212.55).

Mark Gray also recently made the following trade(s):

  • On Thursday, December 6th, Mark Gray acquired 480,769 shares of Allegiance Coal stock. The stock was bought at an average cost of A$0.05 ($0.04) per share, with a total value of A$24,999.99 ($17,730.49).

AHQ remained flat at $A$0.05 ($0.04) during trading on Friday. The company’s stock had a trading volume of 400,000 shares. The company has a market capitalization of $25.56 million and a PE ratio of -10.00. The company has a debt-to-equity ratio of 5.68, a quick ratio of 4.28 and a current ratio of 4.35.

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Allegiance Coal Company Profile

Allegiance Coal Limited engages in the acquisition, exploration, and development of metallurgical coal tenements. Its principal project is the Telkwa metallurgical coal project located in the north west of British Columbia, Canada. The company was incorporated in 2011 and is based in Sydney, Australia.

See Also: Short Selling

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