GFG Resources Inc (CVE:GFG) Senior Officer Acquires C$24,576.00 in Stock

GFG Resources Inc (CVE:GFG) Senior Officer Anders Carlson bought 128,000 shares of GFG Resources stock in a transaction on Thursday, October 24th. The stock was acquired at an average price of C$0.19 per share, with a total value of C$24,576.00.

Anders Carlson also recently made the following trade(s):

• On Monday, October 21st, Anders Carlson bought 47,000 shares of GFG Resources stock. The stock was acquired at an average price of C$0.17 per share, with a total value of C$7,990.00.
• On Friday, October 11th, Anders Carlson bought 100,000 shares of GFG Resources stock. The stock was acquired at an average price of C$0.15 per share, with a total value of C$15,000.00.
• On Monday, October 7th, Anders Carlson acquired 172,500 shares of GFG Resources stock. The shares were purchased at an average cost of C$0.14 per share, with a total value of C$24,150.00.
• On Wednesday, September 25th, Anders Carlson acquired 46,100 shares of GFG Resources stock. The shares were purchased at an average cost of C$0.13 per share, with a total value of C$5,993.00.
• On Monday, September 23rd, Anders Carlson acquired 115,384 shares of GFG Resources stock. The shares were purchased at an average cost of C$0.13 per share, with a total value of C$14,999.92.
• On Monday, September 16th, Anders Carlson acquired 90,000 shares of GFG Resources stock. The shares were purchased at an average cost of C$0.13 per share, with a total value of C$11,700.00.

GFG Resources Stock Performance

CVE:GFG traded up C$0.01 during trading hours on Thursday, hitting C$0.19. 615,826 shares of the company traded hands, compared to its average volume of 142,933. The stock has a market capitalization of C$45.71 million, a price-to-earnings ratio of -3.60 and a beta of 2.21. GFG Resources Inc has a twelve month low of C$0.07 and a twelve month high of C$0.21. The firm has a 50-day moving average of C$0.13 and a 200 day moving average of C$0.10. The company has a current ratio of 1.66, a quick ratio of 2.98 and a debt-to-equity ratio of 0.19.

About GFG Resources

GFG Resources Inc engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It holds interests in the Montclerg gold project consisting of 5 patented and 110 unpatented mining claims located near the east of Timmins; the Pen gold project covers an area of approximately 475 square kilometers located near the southwest of the prolific gold district and town of Timmins; and the Dore gold project covers an area of approximately 212 square kilometers located in Ontario.