Yorbeau Resources Inc. (TSE:YRB) Director Purchases C$54,000.00 in Stock

Yorbeau Resources Inc. (TSE:YRB) Director Henri Gélinas purchased 1,200,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 23rd. The stock was bought at an average cost of C$0.05 per share, for a total transaction of C$54,000.00.

Yorbeau Resources Stock Performance

Shares of TSE YRB opened at C$0.05 on Friday. The company has a market cap of C$23.08 million, a price-to-earnings ratio of -4.00 and a beta of 1.46. Yorbeau Resources Inc. has a 12-month low of C$0.03 and a 12-month high of C$0.06. The company has a current ratio of 0.14, a quick ratio of 2.58 and a debt-to-equity ratio of 3.86. The stock’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.

Yorbeau Resources Company Profile

Yorbeau Resources Inc engages in the acquisition, development, and exploration of mineral properties in Canada. It primarily explores for gold, silver, copper, zinc, and other base metals. The company holds 100% interests in the Rouyn property that consists of 1 mining concession and 73 claims located in the south of Rouyn-Noranda, Québec; the Scott Lake property comprises three non-contiguous claim blocks consisting of 123 complete or partial claim cells located in the townships of Lévy, Scott, and Obalski in northwestern Québec; and the Estrades-Caribou property, which consists of claim blocks totaling 118 claims located in the Estrées Township in Québec.