Mark Lochtenberg Purchases 2,000,000 Shares of TerraCom Limited (ASX:TER) Stock

TerraCom Limited (ASX:TER) insider Mark Lochtenberg purchased 2,000,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The shares were purchased at an average price of A$0.17 ($0.11) per share, for a total transaction of A$330,000.00 ($226,027.40).

TerraCom Stock Performance

The company has a quick ratio of 0.78, a current ratio of 0.65 and a debt-to-equity ratio of 2.49.

About TerraCom

TerraCom Limited develops and operates coal mines in Australia and South Africa. The company explores for hard and soft coking, thermal, and PCI coal. Its flagship property is the Blair Athol coal mine located in Clermont, Queensland. The company was formerly known as Guildford Coal Limited and changed its name to TerraCom Limited in November 2015.