Insider Buying: New Jersey Mining Company major shareholder Acquires 100,000 Shares of Stock (NJMC)
New Jersey Mining Company (NASDAQ:NJMC) major shareholder John Swallow purchased 100,000 shares of the company’s stock in a transaction dated Monday, June 23rd. The stock was purchased at an average price of $0.12 per share, with a total value of $12,000.00. Following the transaction, the insider now directly owns 10,797,620 shares of the company’s stock, valued at approximately $1,295,714. The purchase was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of New Jersey Mining Company (NASDAQ:NJMC) opened at 0.135 on Wednesday. New Jersey Mining Company has a 52-week low of $0.04 and a 52-week 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 $10.8 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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