Mark Bennett Buys 340,867 Shares of S2 Resources Ltd (S2R) Stock

S2 Resources Ltd (ASX:S2R) insider Mark Bennett bought 340,867 shares of the firm’s stock in a transaction on Thursday, May 9th. The stock was acquired at an average price of A$9.53 ($6.76) per share, for a total transaction of A$3,247,780.78 ($2,303,390.62).

ASX S2R traded up A$0.02 ($0.01) during trading on Thursday, reaching A$0.12 ($0.08). The company’s stock had a trading volume of 1,176,043 shares. The company has a market cap of $28.51 million and a price-to-earnings ratio of -8.85.

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About S2 Resources

S2 Resources Ltd engages in the exploration of various mineral properties in Australia and Scandinavia. The company explores for copper, zinc, gold, nickel, and platinum metals. It holds an 80% interest in Eundynie tenements that consist of six exploration licenses covering 103 square kilometers; interests in the Ecru project located to the southeast of Battle Mountain in Lander County, Nevada; and the South Roberts project located in Eureka County, Nevada.

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