Michael Swistun Acquires 39,000 Shares of Canadian Gold Corp. (CVE:CGC) Stock

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

Canadian Gold Trading Up 3.6%

CVE CGC traded up C$0.01 on Monday, hitting C$0.29. 56,083 shares of the company were exchanged, compared to its average volume of 84,123. Canadian Gold Corp. has a twelve month low of C$0.13 and a twelve month high of C$0.34. The company's 50 day moving average price is C$0.28 and its 200-day moving average price is C$0.21. The firm has a market capitalization of C$52.82 million, a P/E ratio of -9.50 and a beta of 1.66. The company has a debt-to-equity ratio of 0.07, a current ratio of 6.37 and a quick ratio of 0.49.

About Canadian Gold

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.