Key Points
- Nova Minerals CEO Christopher Gerteisen bought 4,237 shares at an average price of $3.35, investing $14,193.95 and increasing his holdings by 2.90% to 150,440 shares.
- Gerteisen also purchased 2,500 shares at $3.10 on October 16, indicating additional recent insider buying.
- Nova Minerals shares opened at $3.13, compared with a 52-week range of $3.01 to $8.88; hedge fund Lido Advisors separately acquired a new 17,000-share position.
Nova Minerals Ltd (NASDAQ:NVA - Get Free Report) CEO Christopher Gerteisen acquired 4,237 shares of the company's stock in a transaction on Monday, October 19th. The stock was acquired at an average price of $3.35 per share, with a total value of $14,193.95. Following the acquisition, the chief executive officer owned 150,440 shares in the company, valued at approximately $503,974. This trade represents a 2.90% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Christopher Gerteisen also recently made the following trade(s):
- On Friday, October 16th, Christopher Gerteisen acquired 2,500 shares of Nova Minerals stock. The stock was acquired at an average price of $3.10 per share, for a total transaction of $7,750.00.
Nova Minerals Price Performance
NVA opened at $3.13 on Wednesday. Nova Minerals Ltd has a 52-week low of $3.01 and a 52-week high of $8.88. The stock's 50 day moving average price is $5.34 and its 200-day moving average price is $5.61.
Institutional Trading of Nova Minerals
A hedge fund recently bought a new stake in Nova Minerals stock. Lido Advisors LLC purchased a new stake in Nova Minerals Ltd (NASDAQ:NVA - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 17,000 shares of the company's stock, valued at approximately $100,000.
Nova Minerals Company Profile
(
Get Free Report)
Nova Minerals Ltd. (NASDAQ:NVA) is an Australia-based mineral exploration and development company focused on advancing its mineral projects in Alaska. The company's primary asset is the Estelle Gold Project, a large-scale exploration property in the Tintina Gold Belt that includes the Korbel and RPM prospects.
Nova Minerals' activities include geological exploration, resource evaluation, metallurgical testing, and studies aimed at determining the commercial potential of its deposits. The company is also evaluating the project's infrastructure and development requirements as it works toward establishing a potential large-scale gold operation.
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