Aclara Resources Inc. (TSE:ARA - Get Free Report) Director Jorge Born bought 33,200 shares of Aclara Resources stock in a transaction dated Thursday, April 2nd. The shares were acquired at an average price of C$3.38 per share, with a total value of C$112,216.00. Following the completion of the purchase, the director directly owned 362,441 shares in the company, valued at C$1,225,050.58. This trade represents a 10.08% increase in their position.
Jorge Born also recently made the following trade(s):
- On Wednesday, April 1st, Jorge Born bought 166,800 shares of Aclara Resources stock. The shares were acquired at an average price of C$3.39 per share, with a total value of C$565,452.00.
Aclara Resources Stock Performance
Shares of TSE ARA opened at C$3.32 on Tuesday. The company has a market capitalization of C$738.24 million, a P/E ratio of -83.00 and a beta of 0.54. The company has a current ratio of 2.60, a quick ratio of 32.13 and a debt-to-equity ratio of 0.35. The stock has a 50 day moving average of C$3.34 and a 200-day moving average of C$2.97. Aclara Resources Inc. has a 12 month low of C$0.50 and a 12 month high of C$4.65.
Aclara Resources Company Profile
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Aclara Resources Inc (TSX: ARA), a Toronto Stock Exchange listed company, is focused on building a vertically integrated supply chain for rare earths alloys used in permanent magnets. This strategy is supported by Aclara's development of rare earth mineral resources hosted in ionic clay deposits, which contain high concentrations of the scarce heavy rare earths, providing the Company with a long-term, reliable source of these critical materials. The Company's rare earth mineral resource development projects include the Carina Project in the State of Goiás, Brazil as its flagship project and the Penco Module in the Biobío Region of Chile.
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