Founders Metals (CVE:FDR) Director Buys C$84,400.00 in Stock

Founders Metals Inc. (CVE:FDRGet Free Report) Director Vijay Kirpalani purchased 20,000 shares of the stock in a transaction on Tuesday, September 15th. The stock was acquired at an average cost of C$4.22 per share, for a total transaction of C$84,400.00. Following the acquisition, the director owned 735,000 shares in the company, valued at approximately C$3,101,700. This represents a 2.80% increase in their ownership of the stock.

Vijay Kirpalani also recently made the following trade(s):

  • On Wednesday, September 16th, Vijay Kirpalani acquired 25,000 shares of Founders Metals stock. The shares were acquired at an average cost of C$4.02 per share, with a total value of C$100,500.00.

Founders Metals Stock Up 10.2%

Shares of FDR stock traded up C$0.62 during trading on Monday, hitting C$6.70. The company had a trading volume of 197,121 shares, compared to its average volume of 219,322. The stock’s 50-day moving average is C$5.25 and its two-hundred day moving average is C$4.77. The stock has a market capitalization of C$964.15 million, a price-to-earnings ratio of -60.91 and a beta of 2.20. Founders Metals Inc. has a 52 week low of C$3.15 and a 52 week high of C$6.89.

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