CI Resources Limited (ASX:CII – Get Rating) insider Adrian Gurgone purchased 68,828 shares of the stock in a transaction that occurred on Wednesday, April 5th. The stock was bought at an average cost of A$0.92 ($0.61) per share, with a total value of A$63,321.76 ($41,934.94).
CI Resources Stock Performance
The company has a current ratio of 1.61, a quick ratio of 1.33 and a debt-to-equity ratio of 32.65.
Get CI Resources alerts:CI Resources Increases Dividend
The firm also recently announced a Interim dividend, which will be paid on Thursday, April 20th. Stockholders of record on Thursday, April 20th will be given a dividend of $0.025 per share. The ex-dividend date is Wednesday, March 22nd. This is a positive change from CI Resources's previous Interim dividend of $0.02. This represents a dividend yield of 1.94%. CI Resources's dividend payout ratio (DPR) is currently 25.00%.
About CI Resources
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CI Resources Limited, together with its subsidiaries, engages in mining, processing, and sale of phosphate rock, phosphate dust, and chalk in Australia, Malaysia, Indonesia, West Africa, and Singapore. It operates through: Fertiliser, Farming, and Logistics segments. The company also provides earthmoving, fuel pilotage, and maintenance services to other organizations in Christmas Island; operates a palm oil estate; and cultivates, processes, and sells palm oil products.
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