Rosanna Mei Wah Chau Sells 50,000 Shares of Burcon NutraScience Corp (TSE:BU) Stock

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Burcon NutraScience Corp (TSE:BU) (NYSE:BUR) Director Rosanna Mei Wah Chau sold 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 9th. The stock was sold at an average price of C$0.80, for a total transaction of C$40,000.00. Following the completion of the transaction, the director now owns 1,050,022 shares of the company’s stock, valued at C$840,017.60.

Shares of TSE:BU opened at C$0.85 on Friday. The company has a current ratio of 0.21, a quick ratio of 0.14 and a debt-to-equity ratio of 650.26. The stock’s fifty day moving average is C$0.76. Burcon NutraScience Corp has a fifty-two week low of C$0.13 and a fifty-two week high of C$1.87. The company has a market capitalization of $60.79 million and a price-to-earnings ratio of -7.80.

Separately, Beacon Securities restated a “buy” rating on shares of Burcon NutraScience in a research report on Monday, July 8th.

Burcon NutraScience Company Profile

Burcon NutraScience Corporation, together with its subsidiary, develops plant protein extraction and purification technology of functional and renewable plant proteins in Canada. Its products include CLARISOY, a soy protein for dairy foods, neutral pH beverages, and coffee creamers/whiteners; and Peazazz, a novel pea protein isolate.

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