Wade Dawe Purchases 72,500 Shares of Torrent Capital (CVE:TORR) Stock

Torrent Capital Ltd. (CVE:TORR) Director Wade Dawe acquired 72,500 shares of the stock in a transaction dated Friday, July 3rd. The shares were bought at an average price of C$0.55 per share, for a total transaction of C$39,875.00. Following the transaction, the director owned 9,986,167 shares in the company, valued at approximately C$5,492,391.85. This represents a 0.73% increase in their position.

Torrent Capital Stock Performance

Shares of CVE:TORR opened at C$0.51 on Thursday. The firm has a market capitalization of C$19.47 million, a PE ratio of 8.50 and a beta of -0.11. Torrent Capital Ltd. has a 52-week low of C$0.42 and a 52-week high of C$0.75. The firm has a fifty day moving average of C$0.51 and a 200 day moving average of C$0.53.

Torrent Capital Company Profile

Torrent Capital Ltd. operates as an investment company, primarily invests in the securities of public and private companies. It also focuses on the construction of port infrastructure; and provision of services and equity ownership in businesses that support aquaculture, renewable energy, and oil and gas sectors, as well as other port developments. The company was formerly known as Metallum Resources Inc and changed its name to Torrent Capital Ltd. in February 2017. Torrent Capital Ltd. is based in Halifax, Canada.