Koryx Copper (CVE:KRY) Director Charles Edward Loots Buys 34,000 Shares

Koryx Copper Inc. (CVE:KRY) Director Charles Edward Loots bought 34,000 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was bought at an average price of C$3.09 per share, with a total value of C$105,060.00. Following the completion of the transaction, the director directly owned 743,667 shares of the company’s stock, valued at C$2,297,931.03. This represents a 4.79% increase in their position.

Koryx Copper Stock Down 4.2%

CVE KRY opened at C$3.45 on Friday. The stock’s 50-day simple moving average is C$2.95 and its two-hundred day simple moving average is C$2.03. Koryx Copper Inc. has a twelve month low of C$0.85 and a twelve month high of C$3.90. The company has a market capitalization of C$415.76 million, a price-to-earnings ratio of -9.08 and a beta of 1.13.

Analyst Ratings Changes

Separately, Stifel Nicolaus set a C$3.75 target price on Koryx Copper and gave the stock a “buy” rating in a research report on Thursday, December 18th. Two analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Strong Buy” and a consensus price target of C$3.75.