Insider Buying: Adamas One Corp. (NASDAQ:JEWL) CEO Purchases 40,000 Shares of Stock

Adamas One Corp. (NASDAQ:JEWLGet Rating) CEO John Grdina purchased 40,000 shares of Adamas One stock in a transaction on Monday, January 23rd. The stock was bought at an average cost of $2.67 per share, with a total value of $106,800.00. Following the completion of the acquisition, the chief executive officer now owns 6,739,458 shares in the company, valued at $17,994,352.86. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Adamas One Price Performance

Adamas One stock traded up $0.10 during mid-day trading on Wednesday, reaching $2.65. The company had a trading volume of 79,445 shares, compared to its average volume of 114,972. Adamas One Corp. has a 52 week low of $2.25 and a 52 week high of $11.94.

About Adamas One

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Adamas One Corp., a diamond company, produces single crystal diamonds and diamond materials for diamond jewelry industry and industrial markets in the United States and internationally. The company was incorporated in 2018 and is headquartered in Scottsdale, Arizona.

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