Insider Buying: King’s Bay Resources Corp. (KBG) Insider Purchases C$39,000.00 in Stock

King’s Bay Resources Corp. (CVE:KBG) insider Zimtu Capital Corp. purchased 300,000 shares of King’s Bay Resources stock in a transaction on Friday, December 1st. The stock was bought at an average price of C$0.13 per share, for a total transaction of C$39,000.00.

King’s Bay Resources Corp. (CVE KBG) remained flat at $C$0.12 during midday trading on Thursday. 304,636 shares of the stock traded hands, compared to its average volume of 230,121. King’s Bay Resources Corp. has a one year low of C$0.08 and a one year high of C$0.21.

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About King’s Bay Resources

King's Bay Resources Corp. engages in acquiring, exploring, developing, and evaluating mineral resource properties in Canada. The company has 100% interests in the Lynx Lake cobalt-copper property consisting of 66 mineral claims covering 20 square kilometers located in southern Labrador; and the Trump Island property consisting of 8 mineral claims covering an area of 2 square kilometers located in north-central Newfoundland.

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