Mayfair Gold (CVE:MFG) Rating Increased to Strong-Buy at Atrium Research

Atrium Research upgraded shares of Mayfair Gold (CVE:MFG) to a strong-buy rating in a report released on Monday,Zacks.com reports.

Mayfair Gold Price Performance

Insider Activity at Mayfair Gold

In other Mayfair Gold news, insider Muddy Waters Capital Llc acquired 733,400 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were acquired at an average price of C$4.15 per share, for a total transaction of C$3,043,610.00. Following the completion of the acquisition, the insider directly owned 4,898,823 shares of the company’s stock, valued at C$20,330,115.45. This trade represents a 17.61% increase in their ownership of the stock.

Mayfair Gold Corp. is a Canadian mineral exploration and development company focused on advancing gold assets in Canada. The company’s primary project is the Fenn-Gib gold project, located in the Timmins Gold Camp of northern Ontario, a region with a long history of gold mining and established infrastructure.

Fenn-Gib is a large-scale gold exploration project covering a substantial land position along the Porcupine-Destor Fault Zone. Mayfair Gold is focused on exploration, resource definition, technical studies and project development activities intended to evaluate the project’s potential for future mining.