Koryx Copper (CVE:KRY) Director Acquires C$105,060.00 in Stock

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

Koryx Copper Stock Performance

Shares of Koryx Copper stock opened at C$3.45 on Tuesday. The business has a 50-day moving average price of C$2.97 and a two-hundred day moving average price of C$2.06. Koryx Copper Inc. has a 1-year low of C$0.85 and a 1-year high of C$3.90. The company has a market cap of C$415.76 million, a P/E 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 report on Thursday, December 18th. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, Koryx Copper currently has a consensus rating of “Strong Buy” and an average price target of C$3.75.