Wade Dawe Acquires 52,000 Shares of Torrent Capital (CVE:TORR) Stock

Torrent Capital Ltd. (CVE:TORR – Get Free Report) Director Wade Dawe purchased 52,000 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was acquired at an average price of C$0.51 per share, with a total value of C$26,520.00. Following the purchase, the director owned 9,881,667 shares of the company’s stock, valued at approximately C$5,039,650.17. This represents a 0.53% increase in their ownership of the stock.

Torrent Capital Stock Down 15.6%

CVE:TORR opened at C$0.54 on Wednesday. The company has a fifty day simple moving average of C$0.51 and a two-hundred day simple moving average of C$0.54. The company has a market cap of C$20.62 million, a price-to-earnings ratio of 9.00 and a beta of -0.15. Torrent Capital Ltd. has a 52 week low of C$0.41 and a 52 week high of C$0.75.

Get Torrent Capital alerts:

About Torrent Capital

(Get Free Report)

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. The company was formerly known as Metallum Resources Inc and changed its name to Torrent Capital Ltd. in February 2017. Torrent Capital Ltd. is based in Halifax, Canada.

Featured Stories

• Five stocks we like better than Torrent Capital
• The Bank of Mom and Dad Is Booming—3 Stocks to Watch
• Corning Is Paving AI’s Future With Glass
• Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
• Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer

Receive News & Ratings for Torrent Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Torrent Capital and related companies with MarketBeat.com's FREE daily email newsletter.