Geomega Resources Inc. (CVE:GMA) Director Purchases C$10,699.10 in Stock

Geomega Resources Inc. (CVE:GMA) Director Kiril Mugerman bought 110,300 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The shares were bought at an average cost of C$0.10 per share, for a total transaction of C$10,699.10.

Geomega Resources Price Performance

Shares of Geomega Resources stock opened at C$0.10 on Monday. The company has a debt-to-equity ratio of 62.12, a current ratio of 2.17 and a quick ratio of 6.08. The company has a market cap of C$13.62 million, a PE ratio of -9.50 and a beta of 1.88. The firm has a fifty day moving average price of C$0.09 and a two-hundred day moving average price of C$0.09. Geomega Resources Inc. has a fifty-two week low of C$0.07 and a fifty-two week high of C$0.15.

About Geomega Resources

Geomega Resources Inc engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company primarily explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property comprising 106 mining claims covering an area of approximately 5,889 hectares located 100 km north of Lebel-surQuévillon and 45 km west of the Cree First Nation of Waswanipi.