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American Graphite Technologies (NASDAQ:AGIN) CEO Rick W. Walchuk unloaded 631,934 shares of American Graphite Technologies stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $0.06, for a total transaction of $37,916.04. Following the completion of the sale, the chief executive officer now directly owns 24,368,066 shares of the company’s stock, valued at approximately $1,462,084. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of American Graphite Technologies (NASDAQ:AGIN) traded down 3.42% during mid-day trading on Friday, hitting $0.0565. The stock had a trading volume of 15,708 shares. American Graphite Technologies has a 52 week low of $0.0401 and a 52 week high of $0.605. The stock has a 50-day moving average of $0.06 and a 200-day moving average of $0.11. The company’s market cap is $5.4 million.

American Graphite Technologies Inc is an exploration-stage company. The Company is intending to be engaged in the exploration of mineral properties and the development of related technologies.

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