Opus One Gold (CVE:OOR) Stock Price Down 9.1% – Here’s Why

Opus One Gold Co. (CVE:OOR) was down 9.1% during mid-day trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 104,000 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 215,911 shares. The stock had previously closed at C$0.06.

Opus One Gold Stock Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.44 and a current ratio of 0.12. The stock’s 50 day moving average price is C$0.05 and its 200 day moving average price is C$0.06. The company has a market capitalization of C$14.15 million, a P/E ratio of -5.00 and a beta of 3.37.

Insider Activity

In other Opus One Gold news, Director Jean-David Moore bought 600,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The stock was acquired at an average price of C$0.06 per share, with a total value of C$36,000.00. Following the completion of the purchase, the director directly owned 14,000,000 shares of the company’s stock, valued at approximately C$840,000. This trade represents a 4.48% increase in their position. Over the last 90 days, insiders bought 1,120,000 shares of company stock valued at $62,200. 3.64% of the stock is owned by insiders.

Opus One Gold Company Profile

Opus One Gold Corporation engages in the acquisition, exploration, and evaluation of mineral properties primarily in Canada. It explores for gold and base metals. The company holds 100% interests in the Courville project situated in Courville Township, Quebec; La Grande property that consists of 3 claim blocks covering an area of 1,541 hectares located within the La Grande lithium exploration district; and Wemindji property that comprises 1 claim block covering an area of 2,590 hectares located in James Bay, Quebec.