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USA Synthetic Fuel Corp. (NASDAQ:USFC) Director Ernest K. Jacquet purchased 2,000 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were purchased at an average price of $0.62 per share, with a total value of $1,240.00. Following the acquisition, the director now directly owns 428,501 shares in the company, valued at approximately $265,671. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

USA Synthetic Fuel Corp. (NASDAQ:USFC) traded down 9.84% during mid-day trading on Monday, hitting $0.55. 5,635 shares of the company’s stock traded hands. USA Synthetic Fuel Corp. has a 52 week low of $0.38 and a 52 week high of $5.00. The stock’s 50-day moving average is $0.94 and its 200-day moving average is $1.32. The company’s market cap is $44.6 million.

USA Synthetic Fuel Corporation (NASDAQ:USFC) is a development-stage company.

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