Wolfden Resources (CVE:WLF) Director Ron Little Acquires 150,000 Shares of Stock

Wolfden Resources Co. (CVE:WLF) Director Ron Little purchased 150,000 shares of the stock in a transaction dated Tuesday, August 25th. The stock was purchased at an average price of C$0.07 per share, with a total value of C$10,500.00. Following the completion of the acquisition, the director directly owned 5,754,500 shares in the company, valued at approximately C$402,815. The trade was a 2.68% increase in their position.

Wolfden Resources Price Performance

WLF traded up C$0.01 during trading hours on Friday, hitting C$0.07. 40,000 shares of the stock were exchanged, compared to its average volume of 95,564. The stock has a 50-day simple moving average of C$0.06 and a 200-day simple moving average of C$0.08. Wolfden Resources Co. has a 12 month low of C$0.04 and a 12 month high of C$0.18. The stock has a market cap of C$13.29 million, a price-to-earnings ratio of -3.50 and a beta of -0.14.

About Wolfden Resources

Wolfden Resources Corporation engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. It explores for nickel, copper, cobalt, zinc, lead, gold, silver, platinum grade elements, and sulphide deposits. The company holds 100% interest in the Pickett Mountain property covering an area of 7,134 acres located in Penobscot County, northern Maine; and the Nickel Island property comprising 4 mineral claims, covering an area of 6,041 hectares located in east-central Manitoba.