Yuanyuan Xu Sells 28,000,000 Shares of Nickel Mines Ltd (ASX:NIC) Stock
Nickel Mines Ltd (ASX:NIC) insider Yuanyuan Xu sold 28,000,000 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of A$0.40 ($0.28), for a total value of A$11,200,000.00 ($7,943,262.41).
NIC stock remained flat at $A$0.42 ($0.30) during trading hours on Thursday. The company’s stock had a trading volume of 7,169,935 shares. The stock has a market cap of $699.50 million and a P/E ratio of 6.09. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.53 and a current ratio of 3.52.
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