Vatic Ventures (CVE:VCV) Director Christoph Bruening Acquires 200,000 Shares of Stock

Vatic Ventures Corp. (CVE:VCV) Director Christoph Bruening purchased 200,000 shares of the company’s stock in a transaction that occurred on Thursday, July 16th. The shares were acquired at an average cost of C$0.07 per share, for a total transaction of C$14,000.00. Following the completion of the transaction, the director directly owned 500,000 shares of the company’s stock, valued at C$35,000. This trade represents a 66.67% increase in their position.

Vatic Ventures Stock Performance

VCV traded down C$0.01 on Thursday, hitting C$0.07. The company had a trading volume of 225,000 shares, compared to its average volume of 160,041. The stock has a market cap of C$3.10 million, a price-to-earnings ratio of -1.25 and a beta of -0.18. The company has a debt-to-equity ratio of 13.81, a current ratio of 0.02 and a quick ratio of 0.10. The company’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.03. Vatic Ventures Corp. has a 1-year low of C$0.03 and a 1-year high of C$0.10.

Vatic Ventures Company Profile

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.