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 firm’s stock in a transaction dated Monday, March 31st. The shares were sold at an average price of C$0.24, for a total transaction of C$43,606.60.

Canadian Gold Stock Performance

CVE CGC opened at C$0.24 on Friday. The business has a 50 day moving average price of C$0.19 and a 200 day moving average price of C$0.17. The company has a debt-to-equity ratio of 0.07, a current ratio of 6.37 and a quick ratio of 0.49. The company has a market capitalization of C$44.48 million, a P/E ratio of -8.00 and a beta of 1.66. Canadian Gold Corp. has a 1-year low of C$0.13 and a 1-year high of C$0.29.

About Canadian Gold

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.