Insider Buying: North Bay Resources CEO Buys 425,000 Shares of Stock (NBRI)
North Bay Resources (NASDAQ:NBRI) CEO Perry Lee Leopold acquired 425,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, August 26th. The shares were purchased at an average cost of $0.01 per share, for a total transaction of $4,250.00. Following the completion of the acquisition, the chief executive officer now directly owns 21,930,228 shares of the company’s stock, valued at approximately $219,302. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
North Bay Resources (NASDAQ:NBRI) opened at 0.009 on Friday. North Bay Resources has a 52-week low of $0.009 and a 52-week high of $0.074. The stock’s 50-day moving average is $0.01 and its 200-day moving average is $0.01. The company’s market cap is $1.9 million.
North Bay Resources Inc is a junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada.
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