Grant Moyle Sells 187,344 Shares of Mitchell Services Limited (ASX:MSV) Stock

Mitchell Services Limited (ASX:MSVGet Free Report) insider Grant Moyle sold 187,344 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of A$0.39 ($0.26), for a total transaction of A$73,064.16 ($49,367.68).

Mitchell Services Price Performance

The company has a debt-to-equity ratio of 29.96, a current ratio of 1.18 and a quick ratio of 0.78.

Mitchell Services Cuts Dividend

The company also recently announced a Final dividend, which was paid on Sunday, September 15th. Stockholders of record on Sunday, September 15th were paid a dividend of $0.02 per share. The ex-dividend date was Tuesday, August 27th. This represents a dividend yield of 5.13%. Mitchell Services’s dividend payout ratio (DPR) is currently 150.00%.

About Mitchell Services

(Get Free Report)

Mitchell Services Limited, together with its subsidiaries, provides exploration and mine site drilling services to the exploration, mining, and energy industries in Australia. The company's drilling services include greenfield exploration, project feasibility, mine site exploration and resource definition, development, and production.

Further Reading

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