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

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

Compass Gold Stock Performance

CVE CVB opened at C$0.15 on Monday. The company has a quick ratio of 7.92, a current ratio of 0.17 and a debt-to-equity ratio of 3.86. Compass Gold Co. has a twelve month low of C$0.13 and a twelve month high of C$0.20. The company has a market cap of C$23.14 million, a price-to-earnings ratio of -7.50 and a beta of -2.39. The business’s fifty day moving average is C$0.16 and its 200 day moving average is C$0.17.

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.