Insider Selling: American Rare Earths Limited (ASX:ARR) Insider Sells 804,007 Shares of Stock

American Rare Earths Limited (ASX:ARR) insider Sten Gustafson sold 804,007 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of A$0.27 ($0.18), for a total transaction of A$217,885.90 ($141,484.35).

Sten Gustafson also recently made the following trade(s):

• On Wednesday, November 6th, Sten Gustafson bought 1,000,000 shares of American Rare Earths stock. The shares were bought at an average price of A$0.20 ($0.13) per share, for a total transaction of A$200,000.00 ($129,870.13).
• On Wednesday, October 30th, Sten Gustafson purchased 1,000,000 shares of American Rare Earths stock. The stock was bought at an average cost of A$0.20 ($0.13) per share, with a total value of A$200,000.00 ($129,870.13).

American Rare Earths Stock Performance

The company has a debt-to-equity ratio of 1.04, a current ratio of 24.78 and a quick ratio of 7.91.

About American Rare Earths

American Rare Earths Limited engages in the exploration and development of mineral resources in Australia and the United States. The company explores for rare earth, scandium, and cobalt deposits. Its 100% owned flagship property is the Halleck Creek project situated in Wyoming, the United States. The company was formerly known as Broken Hill Prospecting Limited and changed its name to American Rare Earths Limited in July 2020.