Insider Buying: Texas Rare Earth Resources Corp Director Buys 5,000 Shares of Stock (TRER)
Texas Rare Earth Resources Corp (NASDAQ:TRER) Director Dr. James R. Wolfe purchased 5,000 shares of the stock in a transaction that occurred on Wednesday, August 27th. The shares were purchased at an average cost of $0.39 per share, with a total value of $1,950.00. Following the completion of the transaction, the director now directly owns 5,000 shares in the company, valued at approximately $1,950. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Texas Rare Earth Resources Corp (NASDAQ:TRER) traded down 1.30% during mid-day trading on Wednesday, hitting $0.38. The stock had a trading volume of 11,810 shares. Texas Rare Earth Resources Corp has a one year low of $0.24 and a one year high of $0.73. The stock’s 50-day moving average is $0.41 and its 200-day moving average is $0.40. The company’s market cap is $14.1 million.
Texas Rare Earth Resources Corp., formerly Standard Silver Corporation, incorporated on July 29, 1970.
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