Insider Buying: Canadian Gold Corp. (CVE:CGC) Director Acquires 39,000 Shares of Stock

Canadian Gold Corp. (CVE:CGC - Get Free Report) Director Michael Swistun acquired 39,000 shares of the stock in a transaction on Friday, June 13th. The shares were purchased at an average price of C$0.28 per share, for a total transaction of C$10,927.80.

Canadian Gold Stock Performance

Shares of Canadian Gold stock traded up C$0.02 during trading on Friday, reaching C$0.28. The company's stock had a trading volume of 150,940 shares, compared to its average volume of 84,371. Canadian Gold Corp. has a 52 week low of C$0.13 and a 52 week high of C$0.34. The firm has a market cap of C$50.97 million, a PE ratio of -9.17 and a beta of 1.66. The business's 50-day moving average price is C$0.28 and its 200-day moving average price is C$0.21. The company has a quick ratio of 0.49, a current ratio of 6.37 and a debt-to-equity ratio of 0.07.

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.

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