Insider Buying: TerraCom Limited (ASX:TER) Insider Purchases 250,000 Shares of Stock

TerraCom Limited (ASX:TER) insider Mark Ludski bought 250,000 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average cost of A$0.18 ($0.12) per share, for a total transaction of A$45,000.00 ($30,000.00).

TerraCom Stock Performance

The company has a debt-to-equity ratio of 2.49, a quick ratio of 0.78 and a current ratio of 0.65.

TerraCom Company Profile

TerraCom Limited develops and operates coal mines in Australia and South Africa. The company explores for hard and soft coking, thermal, and PCI coal. Its flagship property is the Blair Athol coal mine located in Clermont, Queensland. The company was formerly known as Guildford Coal Limited and changed its name to TerraCom Limited in November 2015.