Prophecy Development Corp (TSE:PCY)’s share price was down 8% on Tuesday . The company traded as low as C$0.45 and last traded at C$0.46. Approximately 224,168 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 400,365 shares. The stock had previously closed at C$0.50.
In other news, Director Daniel Colin Fidock sold 250,000 shares of the stock in a transaction on Tuesday, October 23rd. The stock was sold at an average price of C$0.38, for a total transaction of C$95,000.00. Also, Director John Lee bought 201,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 5th. The stock was purchased at an average cost of C$0.15 per share, for a total transaction of C$30,150.00. Insiders purchased 410,500 shares of company stock worth $67,440 over the last quarter.
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About Prophecy Development (TSE:PCY)
Prophecy Development Corp. engages in the acquisition, exploration, and development of mineral and energy projects in the United States, Canada, Mongolia, and Bolivia. The company owns a 100% interest in the Ulaan Ovoo coal property, and the Khavtgai Uul and Chandgana Tal coal deposits in Mongolia; and the Pulacayo Paca silver-lead-zinc property in Bolivia.
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