Golconda Gold Ltd. (CVE:GG) Director Ravi Sood Purchases 500,000 Shares

Golconda Gold Ltd. (CVE:GG) Director Ravi Sood acquired 500,000 shares of Golconda Gold stock in a transaction on Friday, August 30th. The stock was acquired at an average cost of C$0.21 per share, for a total transaction of C$105,000.00.

Golconda Gold Stock Performance

GG stock opened at C$0.21 on Monday. The company has a quick ratio of 0.20, a current ratio of 0.60 and a debt-to-equity ratio of 15.95. Golconda Gold Ltd. has a twelve month low of C$0.09 and a twelve month high of C$0.38. The company has a market cap of C$14.97 million, a P/E ratio of -5.25 and a beta of 2.82. The business has a fifty day moving average of C$0.28 and a 200-day moving average of C$0.25.

About Golconda Gold

Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd.