Insider Buying: Encounter Resources Limited (ASX:ENR) Insider Acquires 1,386,363 Shares of Stock

Encounter Resources Limited (ASX:ENR) insider Philip Crutchfield acquired 1,386,363 shares of the business’s stock in a transaction that occurred on Wednesday, April 10th. The stock was purchased at an average cost of A$0.22 ($0.14) per share, with a total value of A$304,999.86 ($196,774.10).

Encounter Resources Price Performance

The company has a current ratio of 8.47, a quick ratio of 5.71 and a debt-to-equity ratio of 0.05.

About Encounter Resources

Encounter Resources Limited engages in the mineral exploration, and project generation and development activities in Australia. It explores for zinc, copper, gold, and cobalt deposits, as well as rare earths and lithium. The company holds interests in the Lamil and Yeneena projects located in the Paterson Province, Western Australia.