Insider Buying: Nevada Copper Corp (NCU) Director Purchases 150,000 Shares of Stock

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Nevada Copper Corp (TSE:NCU) Director Michael Brown bought 150,000 shares of the firm’s stock in a transaction on Tuesday, September 4th. The stock was purchased at an average price of C$0.49 per share, for a total transaction of C$73,500.00.

TSE:NCU traded down C$0.03 on Friday, hitting C$0.48. The stock had a trading volume of 38,500 shares, compared to its average volume of 125,102. Nevada Copper Corp has a 1-year low of C$0.44 and a 1-year high of C$0.84.

Separately, National Bank Financial reiterated an “outperform” rating and issued a C$1.10 target price on shares of Nevada Copper in a report on Monday, June 11th.

About Nevada Copper

Nevada Copper Corp., a development stage mining company, engages in the identification, acquisition, exploration, and development of copper and other mineral properties in Nevada. It explores for copper, gold, silver, and iron ores. The company holds 100% interest in the Pumpkin Hollow copper property that consists of a contiguous 27 square mile land package comprising private lands, patented, and unpatented mineral claims located in north-western Nevada.

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