David Christensen Buys 372,753 Shares of Renascor Resources Limited (ASX:RNU) Stock

Renascor Resources Limited (ASX:RNU) insider David Christensen purchased 372,753 shares of Renascor Resources stock in a transaction on Thursday, May 8th. The shares were acquired at an average cost of A$0.07 ($0.04) per share, for a total transaction of A$24,974.45 ($16,009.26).

Renascor Resources Price Performance

The company has a debt-to-equity ratio of 0.11, a quick ratio of 62.53 and a current ratio of 50.60. The stock has a market capitalization of $137.27 million, a PE ratio of 80.33 and a beta of 1.83.

About Renascor Resources

Renascor Resources Limited engages in the exploration, development, and evaluation of mineral properties in Australia. The company explores for graphite, gold, copper, uranium, and other minerals. Its flagship project is the Siviour graphite project located in Eyre Peninsula, South Australia; the Cutana project that covering an area of 282 square kilometers located in the Olary region; and the Outalpa project, which covers an area of 287 square kilometers located in the Olary region.