Mayfair Gold Corp. (CVE:MFG – Get Free Report) insider Muddy Waters Capital Llc acquired 733,400 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were bought at an average price of C$4.15 per share, for a total transaction of C$3,043,610.00. Following the purchase, the insider directly owned 4,898,823 shares of the company’s stock, valued at approximately C$20,330,115.45. This trade represents a 17.61% increase in their ownership of the stock.
Mayfair Gold Price Performance
Analyst Upgrades and Downgrades
Separately, Atrium Research upgraded shares of Mayfair Gold to a “strong-buy” rating in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company presently has an average rating of “Strong Buy”.
Mayfair Gold Corp. is a Canadian mineral exploration and development company focused on advancing gold assets in Canada. The company’s primary project is the Fenn-Gib gold project, located in the Timmins Gold Camp of northern Ontario, a region with a long history of gold mining and established infrastructure.
Fenn-Gib is a large-scale gold exploration project covering a substantial land position along the Porcupine-Destor Fault Zone. Mayfair Gold is focused on exploration, resource definition, technical studies and project development activities intended to evaluate the project’s potential for future mining.
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