John D. Gibbs, a significant shareholder of Athena Gold Corp (OTC:AHNR), a micro-cap mining company with a market capitalization of $6.63 million, recently acquired 2 million shares of the company's common stock. According to InvestingPro, the stock has shown strong resilience with a 32% gain year-to-date, despite a recent 11% decline over the past week. The purchase, executed on December 3, 2024, was made at a price of $0.036 per share, totaling approximately $72,000. This transaction increased his direct ownership to 37,493,239 shares. Gibbs also holds indirect ownership through entities such as Tri Power Resources and Redwood (NYSE:RWT) Microcap Fund. Additionally, he holds warrants for further shares at varying exercise prices. The company currently maintains a FAIR financial health score of 2.46, as assessed by InvestingPro, which offers comprehensive insider trading analysis and 8 additional key insights about AHNR.
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