Mike Lawrence Garbutt Buys 333,334 Shares of Clean Air Metals Inc. (CVE:AIR) Stock

Clean Air Metals Inc. (CVE:AIR) Senior Officer Mike Lawrence Garbutt purchased 333,334 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The shares were acquired at an average price of C$0.06 per share, for a total transaction of C$20,000.04.

Clean Air Metals Price Performance

Clean Air Metals stock opened at C$0.06 on Wednesday. Clean Air Metals Inc. has a 52 week low of C$0.03 and a 52 week high of C$0.10. The business’s fifty day moving average is C$0.07 and its two-hundred day moving average is C$0.05. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 1.23. The firm has a market cap of C$12.77 million, a P/E ratio of -2.75 and a beta of 1.27.

Clean Air Metals (CVE:AIR) last posted its quarterly earnings data on Monday, September 30th. The company reported C($0.01) earnings per share (EPS) for the quarter. Equities research analysts forecast that Clean Air Metals Inc. will post -0.1 earnings per share for the current fiscal year.

About Clean Air Metals

Clean Air Metals Inc, an exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for platinum, palladium, copper, and nickel deposits. Its flagship properties are the Thunder Bay North Critical Minerals Project that comprises of three separate claim blocks which includes the Thunder Bay North Property consists of 300 unpatented claims covering an approximately area of 29,725 hectares; the Escape Lake Property consists of 20 unpatented claims with an area of 561.3 hectares; and the Escape North Property consists of 24 unpatented claims with an area of 1722 hectares located in Ontario, Canada.