Key Points
- Director Christoph Bruening purchased 220,000 Vatic Ventures shares at an average price of C$0.06, investing C$13,200 and increasing his direct ownership by 32.35% to 900,000 shares.
- Bruening has made several additional purchases since July, acquiring a combined 380,000 shares in the listed transactions and signaling continued insider buying.
- Vatic Ventures shares were up 20% and opened at C$0.06, while the company’s market capitalization stood at approximately C$2.48 million. The resource explorer is developing gold and critical-metals projects in Quebec and New Brunswick.
Vatic Ventures Corp. (CVE:VCV - Get Free Report) Director Christoph Bruening purchased 220,000 shares of the business's stock in a transaction that occurred on Friday, August 21st. The shares were bought at an average price of C$0.06 per share, for a total transaction of C$13,200.00. Following the completion of the purchase, the director directly owned 900,000 shares in the company, valued at C$54,000. This represents a 32.35% increase in their ownership of the stock.
Christoph Bruening also recently made the following trade(s):
- On Wednesday, August 19th, Christoph Bruening acquired 20,000 shares of Vatic Ventures stock. The stock was bought at an average price of C$0.05 per share, with a total value of C$1,000.00.
- On Tuesday, August 18th, Christoph Bruening acquired 60,000 shares of Vatic Ventures stock. The stock was bought at an average price of C$0.05 per share, with a total value of C$3,000.00.
- On Friday, August 14th, Christoph Bruening acquired 87,000 shares of Vatic Ventures stock. The shares were purchased at an average cost of C$0.06 per share, for a total transaction of C$5,220.00.
- On Friday, August 7th, Christoph Bruening bought 13,000 shares of Vatic Ventures stock. The shares were purchased at an average price of C$0.05 per share, for a total transaction of C$650.00.
- On Thursday, July 16th, Christoph Bruening bought 200,000 shares of Vatic Ventures stock. The shares were purchased at an average price of C$0.07 per share, for a total transaction of C$14,000.00.
Vatic Ventures Stock Up 20.0%
Vatic Ventures stock opened at C$0.06 on Friday. Vatic Ventures Corp. has a fifty-two week low of C$0.03 and a fifty-two week high of C$0.10. The company has a debt-to-equity ratio of 13.81, a quick ratio of 0.10 and a current ratio of 0.02. The company has a market capitalization of C$2.48 million, a P/E ratio of -6.00 and a beta of -0.07. The stock has a 50-day simple moving average of C$0.06 and a 200-day simple moving average of C$0.04.
About Vatic Ventures
(
Get Free Report)
Vatic Ventures Corp., a resource exploration company, engages in the acquisition and exploration for mineral properties in Canada. The company holds an option to earn a 100% interest in the Hansen Gold Property, which consists of 20 contiguous mining claims covering a total area of 1,113.98 hectares located in the Chibougamau area of northern Quebec. It also has an option to acquire a 100% interest in the Sisters Mountain critical metals project, a rare earth elements and polymetallic claims package that consists of 8 claim blocks comprising 975 claim units covering 243 square kilometres situated in Southwestern New Brunswick.
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