Torrent Capital (CVE:TORR) Director Purchases C$26,520.00 in Stock

Key Points

  • Torrent Capital director Wade Dawe bought 52,000 shares on June 4 at an average price of C$0.51, spending a total of C$26,520.
  • After the purchase, Dawe directly owned 9,881,667 shares of Torrent Capital, valued at about C$5.04 million, representing a 0.53% increase in his stake.
  • TORR shares opened at C$0.64 and have traded between C$0.41 and C$0.75 over the past 12 months; the company has a market cap of C$24.44 million.

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

Torrent Capital Price Performance

Shares of TORR opened at C$0.64 on Tuesday. The business's fifty day moving average price is C$0.51 and its 200 day moving average price is C$0.54. Torrent Capital Ltd. has a 12-month low of C$0.41 and a 12-month high of C$0.75. The stock has a market capitalization of C$24.44 million, a PE ratio of 10.67 and a beta of -0.15.

Torrent Capital Company Profile

(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.

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