John Lee Buys 270,000 Shares of Prophecy Development Corp (TSE:PCY) Stock

Prophecy Development Corp (TSE:PCY) Director John Lee acquired 270,000 shares of the stock in a transaction dated Monday, December 2nd. The shares were bought at an average price of C$0.30 per share, for a total transaction of C$79,650.00. Following the transaction, the director now owns 14,144,901 shares in the company, valued at approximately C$4,172,745.80.

John Lee also recently made the following trade(s):

  • On Monday, November 11th, John Lee acquired 165,000 shares of Prophecy Development stock. The shares were bought at an average cost of C$0.37 per share, with a total value of C$61,050.00.
  • On Tuesday, September 17th, John Lee sold 100,000 shares of Prophecy Development stock. The stock was sold at an average price of C$0.46, for a total transaction of C$46,000.00.

PCY opened at C$0.30 on Wednesday. The business’s fifty day simple moving average is C$0.38 and its 200 day simple moving average is C$0.28. Prophecy Development Corp has a 52 week low of C$0.15 and a 52 week high of C$0.55. The company has a quick ratio of 1.22, a current ratio of 1.40 and a debt-to-equity ratio of 0.78. The stock has a market cap of $35.81 million and a PE ratio of -2.52.

Prophecy Development Company Profile

Prophecy Development Corp. engages in the acquisition, exploration, and development of mineral and energy projects. It holds a 100% interest in its operating primary vanadium mine, the Gibellini vanadium project, which is located in Eureka County, Nevada. The company also owns a 100% interest in the Titan vanadium-titanium-iron property located in Ontario, Canada; a 100% interest in the Ulaan Ovoo coal property located in Selenge province, Mongolia; and a 100% interest in the Chandgana Tal coal property and Khavtgai Uul coal property located in Khentii province, Mongolia.

Further Reading: Cost of Equity For A Business, Investors

Insider Buying and Selling by Quarter for Prophecy Development (TSE:PCY)

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