Insider Buying: Eloro Resources Ltd. (CVE:ELO) Director Acquires 22,000 Shares of Stock

Eloro Resources Ltd. (CVE:ELO) Director Richard Gerald Stone purchased 22,000 shares of the stock in a transaction dated Friday, April 4th. The shares were bought at an average price of C$0.87 per share, with a total value of C$19,140.00.

Eloro Resources Stock Performance

Eloro Resources stock opened at C$3.50 on Monday. The business has a 50 day moving average of C$3.50 and a 200-day moving average of C$3.50. The company has a debt-to-equity ratio of 0.59, a current ratio of 9.70 and a quick ratio of 3.75. Eloro Resources Ltd. has a 1 year low of C$2.85 and a 1 year high of C$5.44. The company has a market capitalization of C$260.56 million, a P/E ratio of -30.36 and a beta of 1.46.

About Eloro Resources

Eloro Resources Ltd. engages in the exploration and development of mineral properties. It explores for gold, silver, copper, lead, zinc, tin, bismuth, indium, and other base metal properties. The company holds 99% interest in the Iska Iska project, a polymetallic property consisting of one mineral concession covering an area of approximately 900 hectares located in Potosi Department, southern Bolivia; and 82% interest in the La Victoria Gold/Silver project that consists of 16 concessions covering an area of 8,933 hectares located in the North-Central Mineral Belt of Peru.