Wolfden Resources Co. (CVE:WLF – Get Free Report) Director John Seaman purchased 174,000 shares of the business’s stock in a transaction dated Friday, April 12th. The shares were purchased at an average cost of C$0.45 per share, with a total value of C$78,300.00.
Wolfden Resources Trading Up 33.3 %
Shares of WLF stock opened at C$0.06 on Friday. The firm has a 50-day moving average price of C$0.05 and a 200 day moving average price of C$0.07. Wolfden Resources Co. has a twelve month low of C$0.03 and a twelve month high of C$0.20. The company has a market capitalization of C$9.89 million, a price-to-earnings ratio of -3.00 and a beta of 0.72.
Analyst Ratings Changes
Separately, Cormark set a C$0.20 target price on shares of Wolfden Resources and gave the company a “buy” rating in a research note on Friday, February 16th.
About Wolfden Resources
Wolfden Resources Corporation engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company explores for nickel, copper, cobalt, zinc, lead, gold, silver, and sulphide deposits. Its flagship project is the Rice Island project that covers 2,611 hectares of land located in the Snow Lake-Flin Flon greenstone belt, Manitoba.
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