Insider Buying: Velocity Minerals Ltd. (CVE:VLC) Insider Buys 2,500,000 Shares of Stock

Velocity Minerals Ltd. (CVE:VLC - Get Free Report) insider Robert Charles Kopple purchased 2,500,000 shares of the business's stock in a transaction on Thursday, March 28th. The stock was acquired at an average price of C$0.04 per share, for a total transaction of C$100,000.00.

Robert Charles Kopple also recently made the following trade(s):

  • On Wednesday, February 14th, Robert Charles Kopple purchased 20,000 shares of Velocity Minerals stock. The stock was acquired at an average price of C$0.10 per share, for a total transaction of C$2,000.00.
  • On Monday, February 12th, Robert Charles Kopple bought 20,500 shares of Velocity Minerals stock. The shares were purchased at an average price of C$0.10 per share, for a total transaction of C$2,050.00.
  • On Thursday, January 25th, Robert Charles Kopple bought 49,500 shares of Velocity Minerals stock. The shares were purchased at an average price of C$0.10 per share, for a total transaction of C$4,950.00.
  • On Tuesday, January 23rd, Robert Charles Kopple bought 50,000 shares of Velocity Minerals stock. The shares were purchased at an average price of C$0.11 per share, for a total transaction of C$5,250.00.

Velocity Minerals Stock Up 5.6 %

VLC opened at C$0.10 on Friday. The business's 50-day simple moving average is C$0.10 and its 200-day simple moving average is C$0.11. The company has a debt-to-equity ratio of 0.63, a quick ratio of 5.93 and a current ratio of 3.13. Velocity Minerals Ltd. has a one year low of C$0.09 and a one year high of C$0.18. The stock has a market capitalization of C$18.63 million, a P/E ratio of -4.75 and a beta of 0.96.

About Velocity Minerals

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Velocity Minerals Ltd., a gold exploration and development company, engages in the acquisition, exploration, and evaluation of mineral resource properties in Bulgaria. It explores for gold and copper deposits. The company holds 70% interest in the Tintyava property, which includes the Rozino gold project located in the municipalities of Ivaylovgrad and Krumovgrad in southeast Bulgaria; the Momchil property, which includes the Obichnik gold project located within the municipality of Momchilgrad in southeast, Bulgaria; and a 100% interest in the Iglika property covering an area of 105 square kilometers located in southeast Bulgaria.

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