Samuel (Sam) Hosack Purchases 1,058,269 Shares of Prospect Resources Limited (ASX:PSC) Stock

Prospect Resources Limited (ASX:PSC) insider Samuel (Sam) Hosack acquired 1,058,269 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were acquired at an average cost of A$0.11 ($0.07) per share, for a total transaction of A$116,409.59 ($76,585.26).

Prospect Resources Price Performance

The company has a quick ratio of 367.48, a current ratio of 12.21 and a debt-to-equity ratio of 0.16.

About Prospect Resources

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.