Braveheart Resources (CVE:BHT) Trading Down 6.3%
Braveheart Resources Inc (CVE:BHT) shares traded down 6.3% during trading on Friday . The company traded as low as C$0.15 and last traded at C$0.15, 169,000 shares changed hands during mid-day trading. An increase of 242% from the average session volume of 49,420 shares. The stock had previously closed at C$0.16.
The firm has a market cap of $7.44 million and a P/E ratio of 0.81. The company has a debt-to-equity ratio of 65.98, a current ratio of 16.66 and a quick ratio of 11.11. The stock has a 50 day moving average of C$0.17 and a 200 day moving average of C$0.14.
In related news, Director Aaron Matlock sold 241,000 shares of the stock in a transaction on Monday, July 8th. The stock was sold at an average price of C$0.18, for a total value of C$43,380.00. Following the transaction, the director now owns 5,322,667 shares of the company’s stock, valued at C$958,080.06. In the last three months, insiders purchased 48,000 shares of company stock worth $8,086 and sold 326,000 shares worth $56,330.
Braveheart Resources Inc, an exploration stage company, locates, acquires, and explores for precious metals in primarily in British Colombia, Canada. The company explores for silver and gold deposits. Its principal project is the Big Strike project, including the Alpine mine property covering an area of 10,141 hectares of land package located in the West Kootenay mining district of British Columbia.
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