Torrent Capital (CVE:TORR) Director Wade Dawe Purchases 72,500 Shares of Stock

Torrent Capital Ltd. (CVE:TORR) Director Wade Dawe bought 72,500 shares of the business’s stock in a transaction that occurred on Friday, July 3rd. The stock was bought at an average price of C$0.55 per share, with a total value of C$39,875.00. Following the completion of the transaction, the director directly owned 9,986,167 shares of the company’s stock, valued at C$5,492,391.85. This represents a 0.73% increase in their position.

Torrent Capital Price Performance

TORR opened at C$0.55 on Wednesday. The business’s fifty day simple moving average is C$0.51 and its 200 day simple moving average is C$0.53. Torrent Capital Ltd. has a 52 week low of C$0.41 and a 52 week high of C$0.75. The stock has a market cap of C$21.00 million, a PE ratio of 9.17 and a beta of -0.11.

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.