Insider Buying: GFG Resources Inc (CVE:GFG) Senior Officer Acquires 128,150 Shares of Stock

GFG Resources Inc (CVE:GFG) Senior Officer Marc Joseph Andrew Lepage acquired 128,150 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The shares were bought at an average price of C$0.16 per share, for a total transaction of C$19,863.25.

GFG Resources Stock Performance

Shares of GFG opened at C$0.16 on Thursday. The firm has a market capitalization of C$37.29 million, a PE ratio of -3.10 and a beta of 2.21. The company has a quick ratio of 2.98, a current ratio of 1.66 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average price of C$0.16 and a 200 day moving average price of C$0.12. GFG Resources Inc has a 52-week low of C$0.07 and a 52-week high of C$0.21.

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.