Velocity Minerals Ltd. (CVE:VLC) Insider Robert Charles Kopple Purchases 464,500 Shares of Stock

Velocity Minerals Ltd. (CVE:VLC) insider Robert Charles Kopple acquired 464,500 shares of Velocity Minerals stock in a transaction that occurred on Wednesday, March 9th. The stock was bought at an average price of C$0.28 per share, with a total value of C$130,060.00.

Robert Charles Kopple also recently made the following trade(s):

• On Thursday, March 28th, Robert Charles Kopple acquired 2,500,000 shares of Velocity Minerals stock. The stock was bought at an average price of C$0.04 per share, with a total value of C$100,000.00.

Velocity Minerals Stock Up 11.1 %

Shares of CVE VLC opened at C$0.10 on Friday. The company has a quick ratio of 5.93, a current ratio of 3.93 and a debt-to-equity ratio of 0.57. Velocity Minerals Ltd. has a 52 week low of C$0.09 and a 52 week high of C$0.17. The firm has a 50-day moving average price of C$0.10 and a 200 day moving average price of C$0.10. The stock has a market capitalization of C$19.62 million, a price-to-earnings ratio of -10.00 and a beta of 0.95.

Velocity Minerals Company Profile

Velocity Minerals Ltd., a gold exploration and development company, engages in the acquisition, exploration, and evaluation of mineral resource properties in Bulgaria. It explores for gold and copper deposits. The company holds 70% interest in the Tintyava property, which includes the Rozino gold project located in the municipalities of Ivaylovgrad and Krumovgrad in southeast Bulgaria; the Momchil property, which includes the Obichnik gold project located within the municipality of Momchilgrad in southeast, Bulgaria; and a 100% interest in the Iglika property covering an area of 105 square kilometers located in southeast Bulgaria.