Royal Nickel Corp (RNX) Director Frank Marzoli Sells 100,000 Shares

Royal Nickel Corp (TSE:RNX) Director Frank Marzoli sold 100,000 shares of Royal Nickel stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of C$0.28, for a total transaction of C$28,000.00.

Frank Marzoli also recently made the following trade(s):

  • On Monday, January 22nd, Frank Marzoli sold 100,000 shares of Royal Nickel stock. The shares were sold at an average price of C$0.34, for a total transaction of C$34,000.00.

Royal Nickel Corp (TSE RNX) traded up C$0.05 during trading on Monday, hitting C$0.33. 7,463,556 shares of the stock traded hands, compared to its average volume of 3,132,421. Royal Nickel Corp has a 52-week low of C$0.16 and a 52-week high of C$0.39. The company has a market capitalization of $80.04, a PE ratio of -4.13 and a beta of -0.63.

Royal Nickel (TSE:RNX) last announced its quarterly earnings results on Tuesday, November 14th. The company reported C($0.03) earnings per share for the quarter. Royal Nickel had a negative return on equity of 58.08% and a negative net margin of 49.48%.

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About Royal Nickel

Royal Nickel Corp is a Canada-based multi-asset mineral resource company. The Company is focused primarily on the acquisition, exploration, evaluation and development of precious metal and base metal properties. The Company’s principal assets are the producing Beta Hunt gold and nickel mine, which is located approximately 559 kilometers from Perth in Kambalda, Western Australia, and the Dumont Nickel Project, which is located in the established Abitibi mining camp in the Canadian province of Quebec.

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