Insider Buying: Eloro Resources Ltd. (CVE:ELO) Director Buys C$19,140.00 in Stock

Eloro Resources Ltd. (CVE:ELO) Director Richard Gerald Stone bought 22,000 shares of the stock in a transaction dated Friday, April 4th. The shares were purchased at an average cost of C$0.87 per share, for a total transaction of C$19,140.00.

Eloro Resources Stock Performance

Shares of ELO stock opened at C$3.50 on Wednesday. The company has a current ratio of 9.70, a quick ratio of 3.75 and a debt-to-equity ratio of 0.59. Eloro Resources Ltd. has a 12-month low of C$2.85 and a 12-month high of C$5.44. The business’s 50 day moving average is C$3.50 and its two-hundred day moving average is C$3.50. The company has a market capitalization of C$260.56 million, a P/E ratio of -30.36 and a beta of 1.46.

Eloro Resources Company Profile

Eloro Resources Ltd. engages in the exploration and development of mineral properties. It explores for gold, silver, copper, lead, zinc, tin, bismuth, indium, and other base metal properties. The company holds 99% interest in the Iska Iska project, a polymetallic property consisting of one mineral concession covering an area of approximately 900 hectares located in Potosi Department, southern Bolivia; and 82% interest in the La Victoria Gold/Silver project that consists of 16 concessions covering an area of 8,933 hectares located in the North-Central Mineral Belt of Peru.