Probe Metals Inc. (CVE:PRB – Get Rating) Director Dennis Peterson acquired 10,000 shares of the business's stock in a transaction on Thursday, September 1st. The stock was purchased at an average cost of C$1.29 per share, with a total value of C$12,900.00. Following the acquisition, the director now directly owns 1,382,913 shares of the company's stock, valued at approximately C$1,783,957.77.
Dennis Peterson also recently made the following trade(s):
Get Probe Metals alerts:- On Monday, August 29th, Dennis Peterson acquired 5,000 shares of Probe Metals stock. The stock was purchased at an average cost of C$1.40 per share, with a total value of C$7,000.00.
Probe Metals Price Performance
Shares of PRB stock traded down C$0.02 on Thursday, reaching C$1.30. 16,015 shares of the company were exchanged, compared to its average volume of 46,822. The company has a market cap of C$196.83 million and a price-to-earnings ratio of -8.92. The business has a 50-day moving average price of C$1.42 and a 200 day moving average price of C$1.76. The company has a debt-to-equity ratio of 0.84, a quick ratio of 10.16 and a current ratio of 10.18. Probe Metals Inc. has a 1 year low of C$1.16 and a 1 year high of C$2.33.
Wall Street Analyst Weigh In
PRB has been the subject of a number of research reports. Canaccord Genuity Group set a C$3.25 target price on shares of Probe Metals and gave the stock a "speculative buy" rating in a research note on Tuesday, May 10th. CIBC boosted their target price on shares of Probe Metals from C$3.10 to C$3.35 in a research note on Wednesday, July 13th.About Probe Metals
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Probe Metals Inc, a junior resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company's principal project is the Val-d'Or East project comprising 1,000 claims covering an area of 43,638 hectares located in the city of Val-d'Or, Quebec.
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