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North Bay Resources (NASDAQ:NBRI) CEO Perry Lee Leopold purchased 1,125,866 shares of the company’s stock on the open market in a transaction dated Wednesday, June 18th. The stock was purchased at an average cost of $0.01 per share, with a total value of $11,258.66. Following the purchase, the chief executive officer now directly owns 21,505,228 shares of the company’s stock, valued at approximately $215,052. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Shares of North Bay Resources (NASDAQ:NBRI) traded down 8.33% during mid-day trading on Thursday, hitting $0.011. 2,285,900 shares of the company’s stock traded hands. North Bay Resources has a one year low of $0.011 and a one year high of $0.12. The stock’s 50-day moving average is $0.01 and its 200-day moving average is $0.02. The company’s market cap is $1.8 million.

North Bay Resources Inc is a junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada.

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