Henri Gélinas Acquires 1,200,000 Shares of Yorbeau Resources Inc. (TSE:YRB) Stock

Yorbeau Resources Inc. (TSE:YRB) Director Henri Gélinas purchased 1,200,000 shares of the stock in a transaction dated Wednesday, October 23rd. The stock was purchased at an average price of C$0.05 per share, with a total value of C$54,000.00.

Yorbeau Resources Stock Performance

Shares of TSE:YRB opened at C$0.05 on Friday. The company has a quick ratio of 2.58, a current ratio of 0.14 and a debt-to-equity ratio of 3.86. The company’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The company has a market cap of C$23.08 million, a PE ratio of -4.00 and a beta of 1.46. Yorbeau Resources Inc. has a fifty-two week low of C$0.03 and a fifty-two week high of C$0.06.

Yorbeau Resources Company Profile

Yorbeau Resources Inc engages in the acquisition, development, and exploration of mineral properties in Canada. It primarily explores for gold, silver, copper, zinc, and other base metals. The company holds 100% interests in the Rouyn property that consists of 1 mining concession and 73 claims located in the south of Rouyn-Noranda, Québec; the Scott Lake property comprises three non-contiguous claim blocks consisting of 123 complete or partial claim cells located in the townships of Lévy, Scott, and Obalski in northwestern Québec; and the Estrades-Caribou property, which consists of claim blocks totaling 118 claims located in the Estrées Township in Québec.