Torrent Capital (CVE:TORR) Director Purchases C$39,875.00 in Stock

Torrent Capital Ltd. (CVE:TORR – Get Free Report) Director Wade Dawe acquired 72,500 shares of the stock in a transaction that occurred on Friday, July 3rd. The stock was acquired at an average cost of C$0.55 per share, with a total value of C$39,875.00. Following the completion of the purchase, the director owned 9,986,167 shares of the company’s stock, valued at C$5,492,391.85. This trade represents a 0.73% increase in their ownership of the stock.

Torrent Capital Price Performance

Shares of Torrent Capital stock opened at C$0.51 on Friday. The stock has a market cap of C$19.47 million, a price-to-earnings ratio of 8.50 and a beta of -0.11. The firm’s 50-day moving average is C$0.51 and its two-hundred day moving average is C$0.53. Torrent Capital Ltd. has a 1 year low of C$0.42 and a 1 year 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.

Recommended Stories

• Five stocks we like better than Torrent Capital
• PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth
• Dollar Tree’s Turnaround Is Starting to Take Root
• Why Levi’s Digital Strategy Is Paying Off in a Big Way
• Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump

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.