Insider Selling: Canadian Gold Corp. (CVE:CGC) Director Sells C$43,606.60 in Stock

Canadian Gold Corp. (CVE:CGC) Director Wesley Clay Hanson sold 185,560 shares of the stock in a transaction on Monday, March 31st. The stock was sold at an average price of C$0.24, for a total value of C$43,606.60.

Canadian Gold Stock Performance

CVE CGC traded down C$0.02 during trading on Thursday, hitting C$0.25. 11,769 shares of the company’s stock traded hands, compared to its average volume of 62,682. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.49 and a current ratio of 6.37. The stock has a market capitalization of C$45.41 million, a price-to-earnings ratio of -8.17 and a beta of 1.66. Canadian Gold Corp. has a 12-month low of C$0.13 and a 12-month high of C$0.29. The business has a 50 day moving average of C$0.18 and a 200-day moving average of C$0.17.

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.