Insider Buying: Nubian Resources Ltd (CVE:NBR) Senior Officer Buys C$12,505.00 in Stock

Nubian Resources Ltd (CVE:NBR) Senior Officer Charlotte Mary-Anne May bought 30,500 shares of the business’s stock in a transaction on Monday, July 20th. The stock was bought at an average cost of C$0.41 per share, with a total value of C$12,505.00. Following the completion of the purchase, the insider now directly owns 100,500 shares in the company, valued at C$41,205.

Shares of NBR opened at C$0.40 on Wednesday. The stock has a fifty day simple moving average of C$0.26 and a two-hundred day simple moving average of C$0.15. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 12.66. The company has a market capitalization of $2.73 million and a PE ratio of -50.00. Nubian Resources Ltd has a 52-week low of C$0.07 and a 52-week high of C$0.45.

About Nubian Resources

Nubian Resources Ltd. engages in the exploration and evaluation of mineral properties in Canada, the United States, and Peru. It primarily explores for gold and silver deposits. The company holds a 100% interest in the Excelsior Springs property comprising 140 claims that covers an area of 3.5 square kilometers located in Esmeralda County, Nevada.

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