TriStar Gold (CVE:TSG) Stock Price Down 12.5% – Here’s What Happened

TriStar Gold, Inc. (CVE:TSG) fell 12.5% during trading on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.11. 71,805 shares were traded during mid-day trading, an increase of 4% from the average session volume of 68,880 shares. The stock had previously closed at C$0.12.

TriStar Gold Stock Down 12.5 %

The stock’s fifty day moving average is C$0.18 and its two-hundred day moving average is C$0.17. The firm has a market capitalization of C$29.39 million, a price-to-earnings ratio of -4.50 and a beta of 0.96.

Insider Transactions at TriStar Gold

In other TriStar Gold news, Director Mark E. Jones Iii sold 200,000 shares of the company’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of C$0.19, for a total value of C$38,000.00. 18.11% of the stock is currently owned by corporate insiders.

TriStar Gold Company Profile

TriStar Gold, Inc engages in the acquisition, exploration, and development of precious metal prospects in the Americas. Its flagship property is its 100% owned the Castelo de Sonhos gold project that covers an area of approximately 17,177 hectares located in Pará State, Brazil. The company was incorporated in 2010 and is headquartered in Scottsdale, Arizona.