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

Encounter Resources Limited (ASX:ENR) insider Philip Crutchfield acquired 1,386,363 shares of Encounter Resources stock in a transaction on Wednesday, April 10th. The shares were bought at an average price of A$0.22 ($0.14) per share, for a total transaction of A$304,999.86 ($196,774.10).

Encounter Resources Stock Performance

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

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.