Base Resources Limited (ASX:BSE – Get Free Report) insider Timothy (Tim) Carstens bought 5,317,324 shares of the business’s stock in a transaction on Friday, September 13th. The stock was acquired at an average cost of A$0.26 ($0.17) per share, for a total transaction of A$1,355,917.62 ($916,160.55).
Base Resources Price Performance
The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.81 and a current ratio of 2.35.
Base Resources Increases Dividend
The firm also recently announced a Interim dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 30th will be issued a $0.065 dividend. The ex-dividend date of this dividend is Monday, September 16th. This represents a yield of 25.49%. This is a boost from Base Resources’s previous Interim dividend of $0.02.
Base Resources Company Profile
Base Resources Limited operates as mineral sand developer and producer in Africa. It operates through Kwale Operation, Toliara Project, and Other segments. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns a 100% interest in the Kwale Mineral Sands project located in Kenya; and develops the Toliara project located in Madagascar.
Read More
- Five stocks we like better than Base Resources
- How to Capture the Benefits of Dividend Increases
- 3 Stocks That Could Rise on European Bank Interest Rate Cuts
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- Stock Analyst Ratings and Canadian Analyst Ratings
- MarketBeat Week in Review – 9/16 – 9/20
Receive News & Ratings for Base Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Base Resources and related companies with MarketBeat.com's FREE daily email newsletter.
