Wolfden Resources Co. (CVE:WLF) Director John Seaman Acquires 174,000 Shares

Wolfden Resources Co. (CVE:WLF) Director John Seaman bought 174,000 shares of the stock in a transaction that occurred on Friday, April 12th. The stock was acquired at an average price of C$0.45 per share, for a total transaction of C$78,300.00.

Wolfden Resources Stock Up 33.3 %

Shares of WLF traded up C$0.02 during mid-day trading on Friday, reaching C$0.06. The company’s stock had a trading volume of 142,900 shares, compared to its average volume of 53,928. The business has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.07. The company has a market cap of C$9.89 million, a price-to-earnings ratio of -2.25 and a beta of 0.72. Wolfden Resources Co. has a 1 year low of C$0.03 and a 1 year high of C$0.20.

Analyst Upgrades and Downgrades

Separately, Cormark set a C$0.20 price objective on Wolfden Resources and gave the stock a “buy” rating in a research note on Friday, February 16th.

Wolfden Resources Company Profile

Wolfden Resources Corporation engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company explores for nickel, copper, cobalt, zinc, lead, gold, silver, and sulphide deposits. Its flagship project is the Rice Island project that covers 2,611 hectares of land located in the Snow Lake-Flin Flon greenstone belt, Manitoba.