Insider Buying: Prospect Resources Limited (ASX:PSC) Insider Purchases A$504,194.00 in Stock

Prospect Resources Limited (ASX:PSCGet Free Report) insider Samuel (Sam) Hosack purchased 3,477,200 shares of the firm’s stock in a transaction on Monday, April 15th. The stock was bought at an average cost of A$0.15 ($0.09) per share, with a total value of A$504,194.00 ($325,286.45).

Prospect Resources Stock Performance

The company has a debt-to-equity ratio of 0.27, a quick ratio of 367.48 and a current ratio of 42.00.

About Prospect Resources

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Prospect Resources Limited engages in the exploration, evaluation, and development of mineral resources in Zimbabwe. The company primarily explores for lithium deposits. The company holds interest in the Kesya Rare Earths project covering an area of 1,053 hectares located in the Zambia; the Step Aside Lithium project covering an area of 100 hectares; and the Omaruru Lithium Project located in the East of Karibib, Namibia.

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