Anders Carlson Acquires 90,000 Shares of GFG Resources Inc (CVE:GFG) Stock

GFG Resources Inc (CVE:GFG) Senior Officer Anders Carlson acquired 90,000 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were purchased at an average price of C$0.13 per share, with a total value of C$11,700.00.

GFG Resources Price Performance

CVE:GFG opened at C$0.13 on Thursday. The business’s 50-day moving average is C$0.10 and its 200 day moving average is C$0.09. GFG Resources Inc has a 12 month low of C$0.07 and a 12 month high of C$0.14. The company has a market capitalization of C$31.27 million, a P/E ratio of -2.60 and a beta of 2.21. The company has a current ratio of 1.66, a quick ratio of 2.98 and a debt-to-equity ratio of 0.19.

About GFG Resources

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.