Itafos (CVE:IFOS) Director Stephen Lawrence Shapiro Acquires 11,900 Shares

Itafos Inc. (CVE:IFOS) Director Stephen Lawrence Shapiro purchased 11,900 shares of the business’s stock in a transaction on Wednesday, December 24th. The shares were bought at an average cost of C$2.96 per share, for a total transaction of C$35,224.00. Following the completion of the transaction, the director directly owned 81,354 shares in the company, valued at C$240,807.84. This trade represents a 17.13% increase in their position.

Stephen Lawrence Shapiro also recently made the following trade(s):

• On Wednesday, December 24th, Stephen Lawrence Shapiro acquired 500 shares of Itafos stock. The stock was bought at an average cost of C$2.94 per share, with a total value of C$1,470.00.
• On Wednesday, December 24th, Stephen Lawrence Shapiro bought 2,700 shares of Itafos stock. The stock was purchased at an average price of C$2.95 per share, with a total value of C$7,965.00.
• On Wednesday, December 24th, Stephen Lawrence Shapiro purchased 600 shares of Itafos stock. The shares were purchased at an average price of C$2.97 per share, for a total transaction of C$1,782.00.
• On Wednesday, December 24th, Stephen Lawrence Shapiro acquired 4,300 shares of Itafos stock. The stock was purchased at an average cost of C$2.98 per share, with a total value of C$12,814.00.

Itafos Price Performance

Shares of Itafos stock traded up C$0.07 during trading hours on Friday, reaching C$3.10. The stock had a trading volume of 111,145 shares, compared to its average volume of 108,554. Itafos Inc. has a twelve month low of C$1.86 and a twelve month high of C$3.64. The company has a current ratio of 2.66, a quick ratio of 0.73 and a debt-to-equity ratio of 31.70. The firm has a market capitalization of C$599.03 million, a PE ratio of 4.77 and a beta of 0.38. The stock’s 50 day moving average is C$3.01 and its 200 day moving average is C$3.00.

About Itafos

Itafos Inc operates as a phosphate and specialty fertilizer company. It operates through Conda, Arrais, and Development and Exploration segments. The company produces and sells monoammonium phosphate (MAP), MAP with micronutrients, superphosphoric acid, merchant grade phosphoric acid, ammonium polyphosphate, hydrofluorosilicic acid, direct application phosphate rock, single superphosphate (SSP), SSP with micronutrients, and sulfuric acid. It also owns interests in the Farim, a phosphate mine project situated in Farim, Guinea-Bissau; Araxá, a rare earth element and niobium mine and extraction plant project that is situated in Minas Gerais, Brazil; Arraias, an integrated phosphate fertilizer project located in Tocantins, Brazil; and Santana, an integrated phosphate mine and fertilizer plant project located in Pará, Brazil.