Insider Buying: Deterra Royalties Limited (ASX:DRR) Insider Buys A$146,346.20 in Stock

Deterra Royalties Limited (ASX:DRRGet Free Report) insider Julian Andrews bought 38,012 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The stock was bought at an average price of A$3.85 ($2.60) per share, for a total transaction of A$146,346.20 ($98,882.57).

Deterra Royalties Price Performance

The company has a debt-to-equity ratio of 0.65, a quick ratio of 210.68 and a current ratio of 153.21.

Deterra Royalties Cuts Dividend

The business also recently announced a Final dividend, which will be paid on Monday, September 23rd. Stockholders of record on Monday, September 23rd will be issued a $0.144 dividend. This represents a dividend yield of 3.71%. The ex-dividend date is Monday, August 26th. Deterra Royalties’s dividend payout ratio (DPR) is presently 93.75%.

Deterra Royalties Company Profile

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Deterra Royalties Limited operates as a royalty investment company in Australia. The company is also involved in the management and growth of a portfolio of royalty assets across bulk commodities, base, and battery metals. It holds interest in a portfolio of six royalties over the Mining Area C, Yoongarillup/Yalyalup, Eneabba, Wonnerup, and St Ives.

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