Aclara Resources Inc. (TSE:ARA – Get Free Report) insider Murilo Gomes Nagato sold 4,300 shares of the 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 transaction, the insider owned 492,997 shares of the company’s stock, valued at C$1,863,528.66. This represents a 0.86% decrease in their ownership of the stock.
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 stock was sold at an average price of C$3.71, for a total value of C$4,452.00.
- On Wednesday, September 23rd, Murilo Gomes Nagato sold 100 shares of Aclara Resources stock. The shares were sold at an average price of C$3.79, for a total value of C$379.00.
Aclara Resources Trading Down 0.8%
TSE ARA traded down C$0.03 during trading hours on Friday, reaching C$3.68. The company’s stock had a trading volume of 34,901 shares, compared to its average volume of 147,113. The firm has a fifty day simple moving average of C$3.72 and a 200-day simple moving average of C$3.92. The stock has a market cap of C$912.80 million, a P/E ratio of -92.00 and a beta of 0.66. Aclara Resources Inc. has a 52 week low of C$2.01 and a 52 week high of C$5.40. The company has a debt-to-equity ratio of 0.38, a current ratio of 8.25 and a quick ratio of 32.12.
About Aclara Resources
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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