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Texas Rare Earth Resources Corp (NASDAQ:TRER) Director Dr. James R. Wolfe purchased 5,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 27th. The shares were purchased at an average price 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 of the company’s stock, valued at approximately $1,950. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Texas Rare Earth Resources Corp (NASDAQ:TRER) traded down 1.30% on Wednesday, hitting $0.38. 11,810 shares of the company’s stock traded hands. Texas Rare Earth Resources Corp has a 52-week low of $0.24 and a 52-week 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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