Jonathan Charles Timothy Awde Purchases 100,000 Shares of GFG Resources Inc (GFG) Stock

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GFG Resources Inc (CVE:GFG) Director Jonathan Charles Timothy Awde bought 100,000 shares of the business’s stock in a transaction on Tuesday, May 7th. The stock was bought at an average price of C$0.21 per share, for a total transaction of C$20,500.00. Following the completion of the purchase, the director now directly owns 4,025,476 shares of the company’s stock, valued at approximately C$825,222.58.

GFG Resources stock traded down C$0.00 during midday trading on Friday, hitting C$0.23. The company’s stock had a trading volume of 45,000 shares, compared to its average volume of 100,505. The company has a current ratio of 2.49, a quick ratio of 2.46 and a debt-to-equity ratio of 0.07. GFG Resources Inc has a 12 month low of C$0.17 and a 12 month high of C$0.35. The stock has a market cap of $21.86 million and a PE ratio of -16.79.

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GFG Resources Company Profile

GFG Resources Inc acquires, explores for, and develops gold properties in Canada and the United States. The company holds a 100% interest in the Pen Gold project consisting of 162 claims covering an area of approximately 445 square kilometers located to the southwest of Timmins, Ontario; and a 100% interest in the Dore Gold project, which covers an area of approximately 205 square kilometers located in Ontario.

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