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New Jersey Mining Company (NASDAQ:NJMC) major shareholder John Swallow purchased 100,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, June 23rd. The shares were purchased at an average cost of $0.12 per share, for a total transaction of $12,000.00. Following the transaction, the insider now directly owns 10,797,620 shares in the company, valued at approximately $1,295,714. The acquisition was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Shares of New Jersey Mining Company (NASDAQ:NJMC) remained flat at $0.11 during during mid-day trading trading on Tuesday. New Jersey Mining Company has a one year low of $0.04 and a one year high of $0.15. The stock has a 50-day moving average of $0.1 and a 200-day moving average of $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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