Insider Buying: Vatic Ventures (CVE:VCV) Director Buys C$14,000.00 in Stock

Vatic Ventures Corp. (CVE:VCV) Director Christoph Bruening bought 200,000 shares of the stock in a transaction on Thursday, July 16th. The stock was purchased at an average cost of C$0.07 per share, with a total value of C$14,000.00. Following the acquisition, the director owned 500,000 shares in the company, valued at approximately C$35,000. This represents a 66.67% increase in their ownership of the stock.

Vatic Ventures Price Performance

Vatic Ventures stock opened at C$0.07 on Friday. The stock has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.03. Vatic Ventures Corp. has a 12 month low of C$0.03 and a 12 month high of C$0.10. The company has a market capitalization of C$3.10 million, a PE ratio of -7.50 and a beta of -0.18. The company has a current ratio of 0.02, a quick ratio of 0.10 and a debt-to-equity ratio of 13.81.

About Vatic Ventures

Vatic Ventures Corp., a resource exploration company, engages in the acquisition and exploration for mineral properties in Canada. The company holds an option to earn a 100% interest in the Hansen Gold Property, which consists of 20 contiguous mining claims covering a total area of 1,113.98 hectares located in the Chibougamau area of northern Quebec. It also has an option to acquire a 100% interest in the Sisters Mountain critical metals project, a rare earth elements and polymetallic claims package that consists of 8 claim blocks comprising 975 claim units covering 243 square kilometres situated in Southwestern New Brunswick.