Compass Gold (CVE:CVB) Insider Acquires C$45,000.00 in Stock

Compass Gold Co. (CVE:CVB) insider Colin Patrick Galinski purchased 300,000 shares of Compass Gold stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of C$0.15 per share, with a total value of C$45,000.00. Following the acquisition, the insider directly owned 3,270,912 shares in the company, valued at C$490,636.80. This trade represents a 10.10% increase in their position.

Compass Gold Price Performance

CVB stock remained flat at C$0.15 during mid-day trading on Friday. The company’s stock had a trading volume of 13,500 shares, compared to its average volume of 169,746. The firm has a market capitalization of C$23.14 million, a P/E ratio of -7.50 and a beta of -2.39. The firm has a 50-day moving average of C$0.16 and a 200 day moving average of C$0.17. The company has a current ratio of 0.17, a quick ratio of 7.92 and a debt-to-equity ratio of 3.86. Compass Gold Co. has a 52 week low of C$0.13 and a 52 week high of C$0.20.

Compass Gold Company Profile

Compass Gold Corporation engages in the acquisition, exploration, and development of mineral properties in Mali. The company primarily explores for gold deposits. Its principal property is the Sikasso property that consists of 14 exploration permits covering an area of approximately 1,173 square kilometres located in Mali, West Africa. Compass Gold Corporation was incorporated in 2002 and is headquartered in Toronto, Canada.