Insider Buying: Vertex Resource Group Ltd. (CVE:VTX) Director Buys 51,000 Shares of Stock

Vertex Resource Group Ltd. (CVE:VTX) Director Terry Allan Stephenson purchased 51,000 shares of the company’s stock in a transaction on Thursday, June 27th. The stock was acquired at an average price of C$0.30 per share, with a total value of C$15,300.00.

Terry Allan Stephenson also recently made the following trade(s):

• On Thursday, May 16th, Terry Allan Stephenson acquired 1,295 shares of Vertex Resource Group stock. The stock was bought at an average price of C$0.37 per share, for a total transaction of C$479.15.

Vertex Resource Group Stock Up 5.3 %

CVE:VTX traded up C$0.02 during mid-day trading on Thursday, hitting C$0.30. The stock had a trading volume of 201,520 shares, compared to its average volume of 64,806. Vertex Resource Group Ltd. has a twelve month low of C$0.28 and a twelve month high of C$0.45. The stock has a 50-day simple moving average of C$0.35 and a two-hundred day simple moving average of C$0.37. The company has a current ratio of 1.02, a quick ratio of 1.22 and a debt-to-equity ratio of 199.82. The company has a market capitalization of C$33.61 million, a PE ratio of 14.25 and a beta of 1.10.

Vertex Resource Group (CVE:VTX) last announced its quarterly earnings data on Wednesday, May 15th. The company reported C($0.01) earnings per share for the quarter. The firm had revenue of C$58.51 million during the quarter. Vertex Resource Group had a net margin of 0.99% and a return on equity of 3.73%. On average, equities research analysts anticipate that Vertex Resource Group Ltd. will post 0.0300085 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Acumen Capital cut their price target on Vertex Resource Group from C$0.75 to C$0.65 in a report on Friday, May 17th.

About Vertex Resource Group

Vertex Resource Group Ltd. provides environmental and industrial services in Canada and the United States. It operates through two segments, Environmental Services and Environmental Consulting. The Environmental Consulting segment offers planning and regulatory approvals, site assessments and monitoring, geotechnical and civil engineering, wildlife management, reclamation, remediation, groundwater monitoring, drilling waste, gas migration, emissions testing and reporting, and well sub-surface engineering services; advisory services, including estimating, project controls, and facility engineering; land and regulatory services; emergency spill response services; abandonment, completion, and drilling engineering; and geographical information services, and mapping and drone services to various industries, including governments, industry, and commercial clients.