Canadian Gold (CVE:CGC) Shares Down 1.7% - Time to Sell?

Canadian Gold Corp. (CVE:CGC - Get Free Report)'s stock price was down 1.7% during trading on Tuesday . The stock traded as low as C$0.29 and last traded at C$0.30. Approximately 73,550 shares traded hands during trading, a decline of 13% from the average daily volume of 84,714 shares. The stock had previously closed at C$0.30.

Canadian Gold Trading Down 1.8%

The company has a current ratio of 6.37, a quick ratio of 0.49 and a debt-to-equity ratio of 0.07. The business has a 50 day moving average of C$0.27 and a 200-day moving average of C$0.20. The stock has a market cap of C$50.97 million, a PE ratio of -9.17 and a beta of 1.66.

Insider Transactions at Canadian Gold

In other news, Director Wesley Clay Hanson sold 185,560 shares of the stock in a transaction dated Monday, March 31st. The shares were sold at an average price of C$0.24, for a total transaction of C$43,606.60. Insiders own 43.32% of the company's stock.

Canadian Gold Company Profile

Canadian Gold Corp. engages in the exploration and development of mineral properties in Canada. Its principal project is the Tartan Lake gold mine project that consists of 20 mineral claims covering an area of approximately 2,670 hectares located northeast of the town of Flin Flon, Manitoba, Canada. The company was formerly known as Satori Resources Inc and changed its name to Canadian Gold Corp.