Key Points
- Insider Murilo Gomes Nagato sold 4,300 Aclara Resources shares at an average price of C$3.78, generating C$16,254. The sale reduced his holdings by 0.86% to 492,997 shares.
- Nagato also sold 1,200 shares on September 21 and 100 shares on September 23, bringing the disclosed recent sales to 5,600 shares.
- Aclara Resources shares opened at C$3.68, versus a 52-week range of C$2.01 to C$5.40. The company is developing rare-earth mineral projects in Brazil and Chile and reported quarterly EPS of C$(0.01).
Aclara Resources Inc. (TSE:ARA - Get Free Report) insider Murilo Gomes Nagato sold 4,300 shares of Aclara Resources stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of C$3.78, for a total value of C$16,254.00. Following the completion of the sale, the insider owned 492,997 shares of the company's stock, valued at C$1,863,528.66. This trade represents a 0.86% decrease in their position.
Murilo Gomes Nagato also recently made the following trade(s):
- On Monday, September 21st, Murilo Gomes Nagato sold 1,200 shares of Aclara Resources stock. The shares were sold at an average price of C$3.71, for a total transaction of C$4,452.00.
- On Wednesday, September 23rd, Murilo Gomes Nagato sold 100 shares of Aclara Resources stock. The stock was sold at an average price of C$3.79, for a total transaction of C$379.00.
Aclara Resources Price Performance
Aclara Resources stock opened at C$3.68 on Friday. Aclara Resources Inc. has a 1 year low of C$2.01 and a 1 year high of C$5.40. The company has a debt-to-equity ratio of 0.38, a quick ratio of 32.12 and a current ratio of 8.25. The firm has a 50 day moving average price of C$3.72 and a 200 day moving average price of C$3.92. The company has a market cap of C$912.80 million, a price-to-earnings ratio of -92.00 and a beta of 0.66.
Aclara Resources (TSE:ARA - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported C($0.01) earnings per share for the quarter.
Aclara Resources Company Profile
(
Get Free Report)
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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