Opus One Gold (CVE:OOR) Hits New 52-Week Low – What’s Next?

Opus One Gold Co. (CVE:OOR)’s stock price reached a new 52-week low during trading on Monday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 2,000 shares changing hands. The stock had previously closed at C$0.05.

Opus One Gold Price Performance

The firm has a market cap of C$14.15 million, a PE ratio of -5.00 and a beta of 2.98. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.44 and a current ratio of 0.12. The company’s 50-day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.06.

Insider Activity

In other news, Director Jean-David Moore acquired 600,000 shares of the stock in a transaction dated Thursday, September 3rd. The stock was purchased at an average cost of C$0.06 per share, with a total value of C$36,000.00. Following the completion of the purchase, the director owned 14,000,000 shares in the company, valued at approximately C$840,000. The trade was a 4.48% increase in their position. Insiders have bought a total of 1,120,000 shares of company stock valued at $62,200 in the last 90 days. 3.64% of the stock is currently owned by insiders.

About Opus One Gold

Opus One Gold Corporation engages in the acquisition, exploration, and evaluation of mineral properties primarily in Canada. It explores for gold and base metals. The company holds 100% interests in the Courville project situated in Courville Township, Quebec; La Grande property that consists of 3 claim blocks covering an area of 1,541 hectares located within the La Grande lithium exploration district; and Wemindji property that comprises 1 claim block covering an area of 2,590 hectares located in James Bay, Quebec.