Insider Buying: Eastmain Resources Inc (ER) Director Acquires 90,000 Shares of Stock

Eastmain Resources Inc (TSE:ER) Director Claude Lemasson bought 90,000 shares of the company’s stock in a transaction on Tuesday, April 4th. The shares were acquired at an average price of C$0.49 per share, with a total value of C$44,100.00.

Claude Lemasson also recently made the following trade(s):

  • On Wednesday, April 5th, Claude Lemasson purchased 64,500 shares of Eastmain Resources stock. The stock was purchased at an average price of C$0.49 per share, with a total value of C$31,605.00.

Shares of Eastmain Resources Inc (TSE:ER) remained flat at $0.45 during mid-day trading on Friday. 63,092 shares of the company traded hands. Eastmain Resources Inc has a 52-week low of $0.38 and a 52-week high of $0.97. The firm has a 50-day moving average of $0.47 and a 200-day moving average of $0.55. The stock’s market capitalization is $78.94 million.

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About Eastmain Resources

Eastmain Resources Inc is an exploration-stage company engaged in the exploration of metallic mineral resource properties within Canada. The Company’s primary focus is exploration for precious metals in the Eastmain/Opinaca areas of James Bay, Quebec. It owns interest in two gold deposits, which include Eau Claire and the Eastmain Mine, and holds interest in Eleonore South, a mineral exploration joint venture.

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