Insider Buying: Echo Resources Limited (ASX:EAR) Insider Buys A$15,000.05 in Stock

Echo Resources Limited (ASX:EAR) insider Barry Bolitho acquired 115,385 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The shares were purchased at an average cost of A$0.13 ($0.09) per share, with a total value of A$15,000.05 ($10,638.33).

EAR opened at A$0.15 ($0.10) on Tuesday. Echo Resources Limited has a twelve month low of A$0.10 ($0.07) and a twelve month high of A$0.27 ($0.19). The business’s 50-day moving average price is A$0.14. The company has a market capitalization of $100.21 million and a PE ratio of -6.90.

About Echo Resources

Echo Resources Limited engages in the exploration and development of gold properties in Australia. Its flagship property is the Yandal gold project, which comprises approximately 1,600 square kilometers located in Yandal greenstone belt, Western Australia. The company was formerly known as Metaliko Resources Limited and changed its name to Echo Resources Limited in January 2017.

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