Insider Buying: Encounter Resources Limited (ASX:ENR) Insider Buys 431,761 Shares of Stock

Encounter Resources Limited (ASX:ENR) insider Philip Crutchfield acquired 431,761 shares of Encounter Resources stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average cost of A$0.23 ($0.15) per share, for a total transaction of A$100,168.55 ($63,397.82).

Encounter Resources Stock Performance

The company has a debt-to-equity ratio of 0.57, a current ratio of 9.16 and a quick ratio of 5.71. The stock has a market capitalization of $127.19 million, a PE ratio of -17.73 and a beta of 0.31.

Encounter Resources Company Profile

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.