Noront Resources Ltd (NOT) Director Purchases C$18,000.00 in Stock

Noront Resources Ltd (CVE:NOT) Director Sybil Elsa Veenman purchased 50,000 shares of the business’s stock in a transaction on Friday, July 27th. The shares were acquired at an average price of C$0.36 per share, for a total transaction of C$18,000.00.

Shares of Noront Resources opened at C$0.32 on Friday, MarketBeat Ratings reports. Noront Resources Ltd has a 1-year low of C$0.27 and a 1-year high of C$0.52.

Noront Resources (CVE:NOT) last issued its quarterly earnings data on Wednesday, May 30th. The company reported C($0.02) earnings per share for the quarter.

Separately, Beacon Securities restated a “buy” rating on shares of Noront Resources in a report on Monday, June 18th.

About Noront Resources

Noront Resources Ltd., a resource company, engages in the acquisition, development, and exploration of base and precious metals in Canada. The company explores for nickel, copper, platinum group metals, chromite, iron, titanium, vanadium, gold, silver, and palladium deposits. Its flagship property is the Eagle's Nest project located in the James Bay Lowlands, Ontario.

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