Insider Selling: Canagold Resources Ltd. (TSE:CCM) Senior Officer Sells 93,966 Shares of Stock

Key Points

• Catalin Kilofliski, a Senior Officer at Canagold Resources Ltd., sold 93,966 shares at an average price of C$0.45, generating a total of C$42,284.70.
• The stock price of Canagold Resources is currently C$0.45 after a 2.2% decline, with a fifty-two week trading range between C$0.25 and C$0.50.
• Canagold Resources is advancing its flagship New Polaris gold project in British Columbia toward feasibility status, backed by a fully funded work program.

Canagold Resources Ltd. (TSE:CCM - Get Free Report) Senior Officer Catalin Kilofliski sold 93,966 shares of the firm's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of C$0.45, for a total transaction of C$42,284.70.

Canagold Resources Stock Performance

Shares of TSE:CCM remained flat at C$0.46 on Friday. 15,324 shares of the stock traded hands, compared to its average volume of 37,171. Canagold Resources Ltd. has a 1-year low of C$0.25 and a 1-year high of C$0.50. The stock has a fifty day moving average price of C$0.38 and a 200 day moving average price of C$0.36. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.34 and a quick ratio of 0.61. The stock has a market cap of C$56.45 million, a price-to-earnings ratio of -13.95 and a beta of 0.84.

Canagold Resources Company Profile

Canagold owns a portfolio of Gold and Silver projects located in North America. The company's flagship asset is New Polaris - an advanced and past-producing, high-grade gold project in northern British Columbia, Canada. The company has a fully funded work program underway at New Polaris, and is currently advancing the project to feasibility status.