Thesis Gold (CVE:TAU) Director Purchases C$15,350.00 in Stock

Thesis Gold Inc. (CVE:TAU) Director Thomas Mumford acquired 5,000 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average cost of C$3.07 per share, with a total value of C$15,350.00. Following the completion of the purchase, the director directly owned 288,776 shares in the company, valued at C$886,542.32. This represents a 1.76% increase in their ownership of the stock.

Thesis Gold Stock Performance

Shares of TAU stock opened at C$2.68 on Thursday. The stock has a fifty day moving average price of C$3.38 and a 200 day moving average price of C$2.92. The stock has a market cap of C$743.30 million, a PE ratio of -134.00 and a beta of 2.35. Thesis Gold Inc. has a 1 year low of C$0.90 and a 1 year high of C$3.98.

Analyst Ratings Changes

TAU has been the topic of several recent research reports. Canadian Imperial Bank of Commerce set a C$6.00 price objective on shares of Thesis Gold and gave the stock an “outperformer” rating in a research report on Wednesday, May 6th. Clarus Securities upgraded shares of Thesis Gold to a “strong-buy” rating in a research report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$4.50.