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

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

Wolfden Resources Stock Up 7.7%

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

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.