Torrent Capital (CVE:TORR) Director Wade Dawe Purchases 52,000 Shares

Torrent Capital Ltd. (CVE:TORR) Director Wade Dawe purchased 52,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were bought at an average cost of C$0.51 per share, with a total value of C$26,520.00. Following the transaction, the director directly owned 9,881,667 shares of the company’s stock, valued at approximately C$5,039,650.17. This represents a 0.53% increase in their position.

Torrent Capital Trading Up 25.5%

TORR stock opened at C$0.64 on Tuesday. Torrent Capital Ltd. has a twelve month low of C$0.41 and a twelve month high of C$0.75. The company has a market capitalization of C$24.44 million, a P/E ratio of 10.67 and a beta of -0.15. The firm has a 50 day simple moving average of C$0.51 and a 200-day simple moving average of C$0.54.

Torrent Capital Company Profile

Torrent Capital Ltd. operates as an investment company, primarily invests in the securities of public and private companies. It also focuses on the construction of port infrastructure; and provision of services and equity ownership in businesses that support aquaculture, renewable energy, and oil and gas sectors, as well as other port developments. The company was formerly known as Metallum Resources Inc and changed its name to Torrent Capital Ltd. in February 2017. Torrent Capital Ltd. is based in Halifax, Canada.