Corridor Resources Inc. (CDH) Insider Sells C$150,155.60 in Stock
Corridor Resources Inc. (TSE:CDH) insider Neil S. Subin sold 214,508 shares of the company’s stock in a transaction on Wednesday, March 21st. The shares were sold at an average price of C$0.70, for a total value of C$150,155.60.
Corridor Resources Inc. (TSE:CDH) traded down C$0.01 during midday trading on Friday, hitting C$0.69. The company’s stock had a trading volume of 30,900 shares, compared to its average volume of 49,212. The company has a market capitalization of $62.95, a PE ratio of 3.68 and a beta of 1.16. Corridor Resources Inc. has a 52 week low of C$0.40 and a 52 week high of C$0.83.
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Corridor Resources Inc is a junior resource company. The Company is engaged in the exploration for and development and production of petroleum and natural gas onshore in New Brunswick and Quebec, and offshore in the Gulf of St. Lawrence. It has natural gas production and reserves in the McCully Field that is located over 10 kilometers northeast of Sussex, New Brunswick.
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