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New Jersey Mining Company (NASDAQ:NJMC) major shareholder John Swallow purchased 100,000 shares of New Jersey Mining Company stock on the open market in a transaction that occurred on Monday, June 23rd. The stock was purchased at an average price of $0.12 per share, for a total transaction of $12,000.00. Following the completion of the purchase, the insider now directly owns 10,797,620 shares in the company, valued at approximately $1,295,714. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

New Jersey Mining Company (NASDAQ:NJMC) traded down 15.38% during mid-day trading on Monday, hitting $0.11. 115,432 shares of the company’s stock traded hands. New Jersey Mining Company has a 1-year low of $0.04 and a 1-year high of $0.15. The stock’s 50-day moving average is $0.1 and its 200-day moving average is $0.10. The company’s market cap is $8.8 million.

New Jersey Mining Company (NASDAQ:NJMC) involved in exploring for and developing gold, silver, and base metal ore resources in the Pacific Northwest of the USA.

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