Aclara Resources (TSE:ARA) Insider Murilo Gomes Nagato Sells 4,300 Shares of Company Stock

Aclara Resources Inc. (TSE:ARA – Get Free Report) insider Murilo Gomes Nagato sold 4,300 shares of the stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of C$3.78, for a total value of C$16,254.00. Following the sale, the insider directly owned 492,997 shares in the company, valued at approximately C$1,863,528.66. The trade was a 0.86% decrease in their position.

Murilo Gomes Nagato also recently made the following trade(s):

  • On Monday, September 21st, Murilo Gomes Nagato sold 1,200 shares of Aclara Resources stock. The stock was sold at an average price of C$3.71, for a total value of C$4,452.00.
  • On Wednesday, September 23rd, Murilo Gomes Nagato sold 100 shares of Aclara Resources stock. The shares were sold at an average price of C$3.79, for a total transaction of C$379.00.

Aclara Resources Price Performance

TSE:ARA opened at C$3.68 on Friday. The firm has a market cap of C$912.80 million, a price-to-earnings ratio of -92.00 and a beta of 0.66. The company has a current ratio of 8.25, a quick ratio of 32.12 and a debt-to-equity ratio of 0.38. The company’s 50-day moving average is C$3.72 and its two-hundred day moving average is C$3.92. Aclara Resources Inc. has a 12-month low of C$2.01 and a 12-month high of C$5.40.

Aclara Resources (TSE:ARA – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported C($0.01) EPS for the quarter.

About Aclara Resources

(Get Free Report)

Aclara Resources Inc (TSX: ARA), a Toronto Stock Exchange listed company, is focused on building a vertically integrated supply chain for rare earths alloys used in permanent magnets. This strategy is supported by Aclara’s development of rare earth mineral resources hosted in ionic clay deposits, which contain high concentrations of the scarce heavy rare earths, providing the Company with a long-term, reliable source of these critical materials. The Company’s rare earth mineral resource development projects include the Carina Project in the State of Goiás, Brazil as its flagship project and the Penco Module in the Biobío Region of Chile.

Read More

Receive News & Ratings for Aclara Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aclara Resources and related companies with MarketBeat.com's FREE daily email newsletter.