Insider Buying: Ireland major shareholder Purchases 1,333,333 Shares of Stock (IRLD)
Ireland (NASDAQ:IRLD) major shareholder Corp. Nanominerals bought 1,333,333 shares of the stock on the open market in a transaction dated Friday, August 15th. The stock was purchased at an average cost of $0.23 per share, for a total transaction of $306,666.59. Following the purchase, the insider now directly owns 41,483,333 shares in the company, valued at approximately $9,541,167. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Shares of Ireland (NASDAQ:IRLD) traded down 8.70% during mid-day trading on Friday, hitting $0.21. The stock had a trading volume of 1,000 shares. Ireland has a 1-year low of $0.11 and a 1-year high of $0.32. The stock’s 50-day moving average is $0.2 and its 200-day moving average is $0.20. The company’s market cap is $31.0 million.
Ireland Inc (NASDAQ:IRLD) is a minerals exploration and development company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.