Torrent Capital (CVE:TORR) Director R. Wayne Myles Acquires 20,000 Shares

Torrent Capital Ltd. (CVE:TORR) Director R. Wayne Myles bought 20,000 shares of the business’s stock in a transaction dated Thursday, October 23rd. The stock was purchased at an average price of C$0.63 per share, with a total value of C$12,600.00. Following the purchase, the director directly owned 380,459 shares of the company’s stock, valued at C$239,689.17. The trade was a 5.55% increase in their position.

R. Wayne Myles also recently made the following trade(s):

• On Thursday, October 23rd, R. Wayne Myles purchased 1,500 shares of Torrent Capital stock. The shares were acquired at an average price of C$0.63 per share, for a total transaction of C$945.00.
• On Monday, October 27th, R. Wayne Myles purchased 3,000 shares of Torrent Capital stock. The shares were acquired at an average cost of C$0.63 per share, with a total value of C$1,890.00.
• On Monday, October 27th, R. Wayne Myles acquired 15,000 shares of Torrent Capital stock. The stock was acquired at an average cost of C$0.63 per share, for a total transaction of C$9,450.00.
• On Monday, November 10th, R. Wayne Myles bought 16,000 shares of Torrent Capital stock. The shares were acquired at an average price of C$0.60 per share, for a total transaction of C$9,600.00.
• On Tuesday, November 11th, R. Wayne Myles bought 2,500 shares of Torrent Capital stock. The stock was acquired at an average price of C$0.60 per share, with a total value of C$1,500.00.
• On Tuesday, October 28th, R. Wayne Myles purchased 38,500 shares of Torrent Capital stock. The stock was acquired at an average cost of C$0.62 per share, with a total value of C$23,870.00.

Torrent Capital Trading Down 6.7%

CVE TORR traded down C$0.04 on Friday, hitting C$0.56. 1,500 shares of the company were exchanged, compared to its average volume of 16,616. Torrent Capital Ltd. has a 1-year low of C$0.35 and a 1-year high of C$0.85. The firm has a 50 day moving average of C$0.61 and a two-hundred day moving average of C$0.62. The company has a market cap of C$21.33 million, a P/E ratio of 3.50 and a beta of 0.35.

About Torrent Capital

Torrent Capital Ltd. operates as an investment company, primarily invests in the securities of public and private companies. It also focuses on the construction of port infrastructure; and provision of services and equity ownership in businesses that support aquaculture, renewable energy, and oil and gas sectors, as well as other port developments.