Novacopper Inc. (NCQ): & Co. Inc. Paulson , 10% owner of Novacopper Inc. sold 70,618 shares on May 27, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $0.53 per share for a total value of $36,296.42 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, & Co. Inc. Paulson (10% owner) sold 33,350 shares at $0.47 per share price.On Feb 29, 2016, Elaine Sanders (CFO) purchased 22,000 shares at $0.44 per share price.Also, On Dec 8, 2015, Resource Advisors Ltd. Notela (other) sold 5,011,200 shares at $0.40 per share price.On Dec 8, 2015, First Investments Ltd. Gold (other) sold 8,352,000 shares at $0.40 per share price.
Shares of Novacopper Inc (NCQ) ended Wednesday, Jun 1, 2016 session in red amid volatile trading. The shares closed down -0.008 points or -1.54% at $0.5099 with 97,080 shares getting traded. Post opening the session at $0.5, the shares hit an intraday low of $0.497 and an intraday high of $0.5194 and the price vacillated in this range throughout the day. The company has a market cap of $54 M and the number of outstanding shares has been calculated to be 10,49,79,820 shares. The 52-week high of Novacopper Inc is $0.858 and the 52-week low is $0.15.
NovaCopper Inc. is a Canada-based exploration-stage mining company. The Company is engaged in the exploration and development of mineral properties. The Company is focused on the development of Upper Kobuk Mineral Projects (UKMP Projects) which are located in the Ambler mining district in Northwest Alaska. Its UKMP Projects includes Arctic Project and the Bornite Project. The Arctic Project contains a polymetallic volcanogenic massive sulfide deposit. It is located 260 kilometers east of the town of Kotzebue 30 kilometers north of the village of Kobuk and 260 kilometers west of the Dalton Highway. The Bornite Project contains a carbonate-hosted copper deposit. It is located 248 kilometers east of the town of Kotzebue 19 kilometers north of the village of Kobuk and 275 kilometers west of the Dalton Highway. The Bornite Project is located on Ruby Creek on the northern edge of the Cosmos Hills.