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USA Synthetic Fuel Corp. (NASDAQ:USFC) Director Ernest K. Jacquet acquired 2,000 shares of the company’s stock on the open market 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 transaction, the director now directly owns 428,501 shares in the company, valued at approximately $265,671. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Shares of USA Synthetic Fuel Corp. (NASDAQ:USFC) opened at 0.55 on Tuesday. USA Synthetic Fuel Corp. has a 1-year low of $0.38 and a 1-year high of $5.00. The stock’s 50-day moving average is $0.93 and its 200-day moving average is $1.31. The company’s market cap is $44.6 million.

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

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