Shares of Sirona Biochem Corp (CVE:SBM) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.35 and last traded at C$0.32, with a volume of 753750 shares trading hands. The stock had previously closed at C$0.32.
The company has a market cap of $47.32 million and a PE ratio of -42.50.
In other news, Director Howard Jarman Verrico sold 460,000 shares of the stock in a transaction that occurred on Friday, February 22nd. The shares were sold at an average price of C$0.11, for a total value of C$50,600.00. Following the completion of the sale, the director now owns 5,791,250 shares of the company’s stock, valued at approximately C$637,037.50.
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Sirona Biochem Corp. operates as a cosmetic ingredient and drug discovery company in Canada and France. The company develops programs in three areas, including diabetes, anti-inflammatories, and anti-infectives for therapeutics; anti-aging and depigmenting agents in cosmeceuticals; and biological ingredients, such as inducers and adjuvants for the biological development and preservation.
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