Insider Buying: GFG Resources Inc (CVE:GFG) Senior Officer Buys 60,000 Shares of Stock

GFG Resources Inc (CVE:GFG) Senior Officer Marc Joseph Andrew Lepage bought 60,000 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The stock was purchased at an average price of C$0.17 per share, for a total transaction of C$10,200.00.

Marc Joseph Andrew Lepage also recently made the following trade(s):

• On Wednesday, December 18th, Marc Joseph Andrew Lepage purchased 128,150 shares of GFG Resources stock. The shares were purchased at an average price of C$0.16 per share, with a total value of C$19,863.25.

GFG Resources Stock Up 6.1 %

CVE GFG traded up C$0.01 during trading on Monday, reaching C$0.18. 108,000 shares of the company’s stock were exchanged, compared to its average volume of 193,533. The stock has a market cap of C$42.10 million, a P/E ratio of -3.50 and a beta of 2.21. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.98 and a current ratio of 1.66. The company has a 50 day moving average price of C$0.16 and a two-hundred day moving average price of C$0.13. GFG Resources Inc has a 1 year low of C$0.07 and a 1 year high of C$0.22.

GFG Resources Company Profile

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.