Insider Buying: CMC Metals Ltd. (CVE:CMB) Director Purchases 2,500,000 Shares of Stock

CMC Metals Ltd. (CVE:CMB) Director Kevin John Brewer purchased 2,500,000 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was acquired at an average cost of C$0.03 per share, for a total transaction of C$62,500.00.

CMC Metals Price Performance

Shares of CVE CMB opened at C$0.02 on Friday. CMC Metals Ltd. has a fifty-two week low of C$0.02 and a fifty-two week high of C$0.09. The stock has a market cap of C$3.15 million, a price-to-earnings ratio of -2.00 and a beta of 0.99. The company has a debt-to-equity ratio of 8.84, a quick ratio of 2.80 and a current ratio of 2.50. The firm’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.03.

About CMC Metals

CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. It holds a 100% interest in the Silver Hart property that includes 116 claims covering an area of 2,017 hectares located in south-central Yukon.