Compass Gold (CVE:CVB) Insider Colin Patrick Galinski Purchases 300,000 Shares

Compass Gold Co. (CVE:CVB) insider Colin Patrick Galinski acquired 300,000 shares of Compass Gold stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of C$0.15 per share, with a total value of C$45,000.00. Following the purchase, the insider directly owned 3,270,912 shares in the company, valued at approximately C$490,636.80. The trade was a 10.10% increase in their position.

Compass Gold Stock Performance

Compass Gold stock remained flat at C$0.15 during mid-day trading on Friday. The company’s stock had a trading volume of 13,500 shares, compared to its average volume of 169,746. The company has a debt-to-equity ratio of 3.86, a current ratio of 0.17 and a quick ratio of 7.92. Compass Gold Co. has a 1-year low of C$0.13 and a 1-year high of C$0.20. The firm’s 50-day moving average is C$0.16 and its two-hundred day moving average is C$0.17. The stock has a market cap of C$23.14 million, a P/E ratio of -7.50 and a beta of -2.39.

About Compass Gold

Compass Gold Corporation engages in the acquisition, exploration, and development of mineral properties in Mali. The company primarily explores for gold deposits. Its principal property is the Sikasso property that consists of 14 exploration permits covering an area of approximately 1,173 square kilometres located in Mali, West Africa. Compass Gold Corporation was incorporated in 2002 and is headquartered in Toronto, Canada.