Magontec Limited (ASX:MGL – Get Free Report) insider Zhong Jun Li bought 61,630 shares of Magontec stock in a transaction that occurred on Tuesday, April 30th. The shares were acquired at an average price of A$0.32 ($0.21) per share, for a total transaction 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 bought at an average price of A$0.59 ($0.39) per share, for a total transaction of A$2,277,734.21 ($1,498,509.35).
Magontec Price Performance
The company has a quick ratio of 1.11, a current ratio of 3.50 and a debt-to-equity ratio of 8.58.
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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