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

Canadian Gold Corp. (CVE:CGC) Director Michael Swistun purchased 39,000 shares of the company’s stock in a transaction on Friday, June 13th. The shares were purchased at an average cost of C$0.28 per share, with a total value of C$10,927.80.

Canadian Gold Trading Up 7.8%

CGC opened at C$0.28 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 6.37 and a quick ratio of 0.49. The firm has a market capitalization of C$50.97 million, a price-to-earnings ratio of -9.17 and a beta of 1.66. The business has a 50 day simple moving average of C$0.28 and a two-hundred day simple moving average of C$0.21. Canadian Gold Corp. has a one year low of C$0.13 and a one year high of C$0.34.

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.