Insider Selling: Orestone Mining (CVE:ORS) Director Sells 201,500 Shares of Stock

Key Points

  • Director James Anderson sold 201,500 shares of Orestone Mining on May 13 at an average price of C$0.14, totaling about C$28,210. His remaining direct holding fell to 100,000 shares, a 66.83% decrease in his position.
  • Anderson also sold an additional 4,000 shares the same day at C$0.15, for proceeds of C$600.
  • ORS stock was down 10.7% and opened at C$0.13, with the company valued at about C$13.37 million and trading near the middle of its 52-week range.

Orestone Mining Corp. (CVE:ORS - Get Free Report) Director James Anderson sold 201,500 shares of Orestone Mining stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of C$0.14, for a total value of C$28,210.00. Following the sale, the director directly owned 100,000 shares of the company's stock, valued at approximately C$14,000. This trade represents a 66.83% decrease in their position.

James Anderson also recently made the following trade(s):

  • On Wednesday, May 13th, James Anderson sold 4,000 shares of Orestone Mining stock. The stock was sold at an average price of C$0.15, for a total value of C$600.00.

Orestone Mining Stock Down 10.7%

Shares of ORS stock opened at C$0.13 on Friday. The business has a 50-day moving average price of C$0.11 and a two-hundred day moving average price of C$0.10. Orestone Mining Corp. has a 12-month low of C$0.05 and a 12-month high of C$0.18. The firm has a market cap of C$13.37 million, a P/E ratio of -12.50 and a beta of 0.52.

About Orestone Mining

(Get Free Report)

Orestone Mining Corp., junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, copper, and molybdenum porphyry deposits. It holds 100% interest in the Captain property covering an area of 9,692 hectares located near Fort St. James, British Columbia. The company was incorporated in 2007 and is headquartered in Vancouver, Canada.

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