Michael Sutton Buys 30,000 Shares of MACA Limited (ASX:MLD) Stock

MACA Limited (ASX:MLD) insider Michael Sutton acquired 30,000 shares of the company’s stock in a transaction on Friday, September 24th. The stock was bought at an average cost of A$0.68 ($0.49) per share, with a total value of A$20,400.00 ($14,571.43).

The company has a debt-to-equity ratio of 78.06, a current ratio of 1.11 and a quick ratio of 0.99.

The company also recently declared a Final dividend, which was paid on Thursday, September 16th. Stockholders of record on Thursday, September 16th were given a dividend of $0.025 per share. The ex-dividend date was Wednesday, September 1st. This represents a dividend yield of 3.07%. MACA’s dividend payout ratio (DPR) is currently 81.97%.

About MACA

MACA Limited engages in contract mining and crushing, civil construction, infrastructure maintenance, and mineral processing businesses in Australia. The company offers bulk commodities loading and hauling services; drilling and blasting services, including production drilling and blasting for surface mining operations or quarries, pre-split drilling, contour drilling and pioneering, blast hole sample drilling, probe drilling, pre-split and final wall blasting, drill and blast design, blasting solutions for civil construction, and controlled blasting; and materials handling services.

Recommended Story: What is the Nikkei 225 index?    

Receive News & Ratings for MACA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MACA and related companies with MarketBeat.com's FREE daily email newsletter.