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

Vatic Ventures Corp. (CVE:VCV) Director Christoph Bruening bought 200,000 shares of the business’s stock in a transaction dated 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 transaction, the director directly owned 500,000 shares in the company, valued at approximately C$35,000. This represents a 66.67% increase in their position.

Vatic Ventures Stock Performance

Shares of VCV opened at C$0.07 on Friday. The stock has a 50 day moving average price of C$0.04 and a 200 day moving average price of C$0.03. The company has a quick ratio of 0.10, a current ratio of 0.02 and a debt-to-equity ratio of 13.81. The company has a market capitalization of C$3.10 million, a price-to-earnings ratio of -1.25 and a beta of -0.18. Vatic Ventures Corp. has a 52-week low of C$0.03 and a 52-week high of C$0.10.

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.