American Rare Earths Limited (ASX:ARR) Insider Christopher (Chris) Gibbs Purchases 1,000,000 Shares

American Rare Earths Limited (ASX:ARR) insider Christopher (Chris) Gibbs bought 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average cost of A$0.20 ($0.13) per share, with a total value of A$200,000.00 ($127,388.54).

American Rare Earths Price Performance

The company has a current ratio of 24.78, a quick ratio of 7.91 and a debt-to-equity ratio of 1.04.

American Rare Earths Company Profile

American Rare Earths Limited engages in the exploration and development of mineral resources in Australia and the United States. The company explores for rare earth, scandium, and cobalt deposits. Its 100% owned flagship property is the Halleck Creek project situated in Wyoming, the United States. The company was formerly known as Broken Hill Prospecting Limited and changed its name to American Rare Earths Limited in July 2020.