Mineral Mountain Resources Ltd (CVE:MMV) Director Terrance Barry Coughlan acquired 50,000 shares of the firm’s stock in a transaction dated Thursday, January 16th. The stock was bought at an average cost of C$0.34 per share, for a total transaction of C$16,750.00. Following the purchase, the director now directly owns 453,000 shares of the company’s stock, valued at C$151,755.
CVE MMV opened at C$0.43 on Thursday. The stock’s 50-day moving average price is C$0.41 and its 200-day moving average price is C$0.25. The company has a quick ratio of 0.63, a current ratio of 1.12 and a debt-to-equity ratio of 1.95. Mineral Mountain Resources Ltd has a 52 week low of C$0.10 and a 52 week high of C$0.53. The company has a market capitalization of $37.24 million and a P/E ratio of -35.83.
About Mineral Mountain Resources
Mineral Mountain Resources Ltd., a mining company, acquires, explores for, and develops mineral properties in North America. The company primarily explores for gold. Its principal project is the Rochford gold project that consists of 345 unpatented mineral claims covering an area of 5,447 acres located in the Black Hills of South Dakota, the United States.
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