Peter Leofric Hathaway Acquires 1,500,000 Shares of Scorpio Gold Co. (CVE:SGN) Stock

Scorpio Gold Co. (CVE:SGN) Director Peter Leofric Hathaway purchased 1,500,000 shares of the stock in a transaction dated Wednesday, July 30th. The stock was acquired at an average price of C$0.20 per share, for a total transaction of C$300,000.00.

Scorpio Gold Stock Down 15.0%

SGN stock opened at C$0.17 on Tuesday. The company’s 50 day simple moving average is C$0.20 and its 200-day simple moving average is C$0.14. The firm has a market capitalization of C$16.35 million, a PE ratio of -5.56 and a beta of 1.22. Scorpio Gold Co. has a 12 month low of C$0.08 and a 12 month high of C$0.26. The company has a debt-to-equity ratio of 14.76, a current ratio of 0.09 and a quick ratio of 0.39.

About Scorpio Gold

Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It primarily explores for gold and silver deposits. The company holds 100% interests in the Mineral Ridge gold project covering an area of 5,617 hectares located in Esmeralda County, Nevada; and Goldwedge property that covers an area of 726 hectares located in Manhattan, Nevada.