Insider Buying: Koryx Copper (CVE:KRY) Director Purchases 40,400 Shares of Stock

Key Points

• Koryx Copper Inc. Director Heye Edmund Daun purchased a total of 40,400 shares on October 7th for C$1.52 each, increasing his stake in the company to approximately C$2.91 million.
• The company's stock has seen a decline of 8.8%, trading at C$1.76 with a market cap of C$168.23 million.
• Koryx Copper has experienced significant trading activity with recent purchases by Daun totaling over 200,000 shares within the past month.

Koryx Copper Inc. (CVE:KRY - Get Free Report) Director Heye Edmund Daun bought 40,400 shares of the stock in a transaction dated Tuesday, October 7th. The shares were acquired at an average price of C$1.52 per share, with a total value of C$61,408.00. Following the completion of the acquisition, the director directly owned 1,914,033 shares of the company's stock, valued at approximately C$2,909,330.16. The trade was a 2.16% increase in their position.

Heye Edmund Daun also recently made the following trade(s):

• On Friday, October 3rd, Heye Edmund Daun purchased 91,600 shares of Koryx Copper stock. The stock was bought at an average price of C$1.53 per share, for a total transaction of C$140,148.00.
• On Monday, October 6th, Heye Edmund Daun acquired 68,000 shares of Koryx Copper stock. The shares were bought at an average price of C$1.54 per share, with a total value of C$104,720.00.
• On Thursday, September 11th, Heye Edmund Daun bought 91,500 shares of Koryx Copper stock. The stock was bought at an average cost of C$1.17 per share, for a total transaction of C$107,055.00.

Koryx Copper Stock Down 8.8%

Shares of CVE KRY traded down C$0.17 during trading on Friday, reaching C$1.76. The company had a trading volume of 193,864 shares, compared to its average volume of 108,547. Koryx Copper Inc. has a 12-month low of C$0.85 and a 12-month high of C$2.00. The business's 50-day moving average is C$1.21 and its 200 day moving average is C$1.08. The stock has a market cap of C$168.23 million, a PE ratio of -11.00 and a beta of 0.81.

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