Prophecy Development (PCY) Trading 12.5% Higher

Prophecy Development Corp (TSE:PCY)’s share price traded up 12.5% during mid-day trading on Friday . The stock traded as high as C$0.72 and last traded at C$0.72. 1,089,094 shares traded hands during mid-day trading, an increase of 378% from the average session volume of 227,947 shares. The stock had previously closed at C$0.64.

In other news, Director John Lee bought 201,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 5th. The stock was purchased at an average cost of C$0.15 per share, for a total transaction of C$30,150.00. Also, Director Daniel Colin Fidock sold 250,000 shares of the business’s stock in a transaction on Tuesday, October 23rd. The shares were sold at an average price of C$0.38, for a total transaction of C$95,000.00. Over the last quarter, insiders purchased 691,600 shares of company stock valued at $131,727.

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About Prophecy Development (TSE:PCY)

Prophecy Development Corp. engages in the acquisition, exploration, and development of mineral and energy projects in the United States, Canada, Mongolia, and Bolivia. The company owns a 100% interest in the Ulaan Ovoo coal property, and the Khavtgai Uul and Chandgana Tal coal deposits in Mongolia; and the Pulacayo Paca silver-lead-zinc property in Bolivia.

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