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Texas Rare Earth Resources Corp (NASDAQ:TRER) Director Dr. James R. Wolfe purchased 5,000 shares of the stock on the open market in a transaction dated Wednesday, August 27th. The stock was purchased at an average price of $0.39 per share, for a total transaction of $1,950.00. Following the completion of the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $1,950. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Texas Rare Earth Resources Corp (NASDAQ:TRER) traded down 2.37% on Thursday, hitting $0.371. The stock had a trading volume of 22,790 shares. Texas Rare Earth Resources Corp has a 52 week low of $0.24 and a 52 week high of $0.73. The stock has a 50-day moving average of $0.41 and a 200-day moving average of $0.40. The company’s market cap is $13.7 million.

Texas Rare Earth Resources Corp., formerly Standard Silver Corporation, incorporated on July 29, 1970.

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