Ewan Webster Sells 57,000 Shares of Thesis Gold (CVE:TAU) Stock

Thesis Gold Inc. (CVE:TAUGet Free Report) insider Ewan Webster sold 57,000 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of C$3.37, for a total value of C$192,090.00. Following the transaction, the insider owned 705,403 shares in the company, valued at C$2,377,208.11. This represents a 7.48% decrease in their position.

Thesis Gold Price Performance

TAU stock traded up C$0.04 during mid-day trading on Monday, reaching C$3.68. 429,536 shares of the company’s stock were exchanged, compared to its average volume of 540,913. The company has a market cap of C$1.02 billion, a price-to-earnings ratio of -122.67 and a beta of 2.32. The stock’s 50 day moving average is C$3.27 and its 200 day moving average is C$2.65. Thesis Gold Inc. has a 12-month low of C$0.90 and a 12-month high of C$3.75.

Wall Street Analyst Weigh In

TAU has been the subject of a number of research analyst reports. Clarus Securities raised Thesis Gold to a “strong-buy” rating in a report on Tuesday, April 28th. Canadian Imperial Bank of Commerce set a C$6.00 target price on Thesis Gold and gave the company an “outperformer” rating in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company. Based on data from MarketBeat.com, Thesis Gold presently has an average rating of “Strong Buy” and a consensus price target of C$4.50.

Check Out Our Latest Stock Analysis on TAU

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