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Enertopia Corp (EXCHANGE:ENRT) President and CEO Robert McAllister reported purchasing 500,000 common shares of the company on June 18, 2025. The shares were bought at a price of $0.1, totaling $50,000. The timing is notable as the stock has fallen over 26% in the past week, according to InvestingPro data, which also indicates the company is currently trading below its Fair Value.
Following the transaction, McAllister directly owns 1,457,750 shares of Enertopia Corp, representing a significant stake in this micro-cap company with a market capitalization of just $0.71 million. InvestingPro analysis shows the stock typically moves counter to market trends with a beta of -1.48.
In a related transaction, McAllister exercised 500,000 warrants at an exercise price of $0.1. The warrants, which expired on May 8, 2027, are exercisable into common shares. The company’s overall financial health score stands at 1.55, rated as ’Weak’ by InvestingPro, which offers 8 additional key insights about the company’s performance.
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