Insider Buying: GFG Resources Inc (CVE:GFG) Senior Officer Acquires 90,000 Shares of Stock

GFG Resources Inc (CVE:GFGGet Free Report) Senior Officer Anders Carlson purchased 90,000 shares of GFG Resources stock in a transaction that occurred on Monday, September 16th. The stock was purchased at an average cost of C$0.13 per share, for a total transaction of C$11,700.00.

GFG Resources Stock Performance

Shares of GFG stock opened at C$0.13 on Friday. The company’s fifty day moving average price is C$0.10 and its 200-day moving average price is C$0.09. The stock has a market cap of C$30.07 million, a PE ratio of -2.50 and a beta of 2.21. The company has a current ratio of 1.66, a quick ratio of 2.98 and a debt-to-equity ratio of 0.19. GFG Resources Inc has a 12 month low of C$0.07 and a 12 month high of C$0.14.

About GFG Resources

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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.

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