Insider Buying: Nighthawk Gold Corp (TSE:NHK) Director Buys 33,808 Shares of Stock
Nighthawk Gold Corp (TSE:NHK) Director Morris Prychidny bought 33,808 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was bought at an average cost of C$1.97 per share, for a total transaction of C$66,601.76. Following the completion of the transaction, the director now directly owns 312,803 shares of the company’s stock, valued at C$616,221.91.
Morris Prychidny also recently made the following trade(s):
- On Monday, May 4th, Morris Prychidny purchased 10,000 shares of Nighthawk Gold stock. The stock was acquired at an average cost of C$1.39 per share, with a total value of C$13,900.00.
Shares of Nighthawk Gold stock opened at C$1.79 on Friday. The stock has a 50-day moving average price of C$2.19 and a 200 day moving average price of C$1.87. The company has a market cap of $79.96 million and a P/E ratio of -14.21. Nighthawk Gold Corp has a 1 year low of C$0.97 and a 1 year high of C$3.65.
Separately, Pi Financial decreased their target price on Nighthawk Gold from C$5.15 to C$3.00 and set a “buy” rating for the company in a research note on Wednesday.
Nighthawk Gold Company Profile
Nighthawk Gold Corp. identifies, acquires, explores, and evaluates gold properties in Canada. It owns a 100% interest in the Indin Lake Gold property covering an area of 222,203 acres located to the north of Yellowknife, the Northwest Territories, as well as Colomac Gold Project. The company was formerly known as Merc International Minerals Inc and changed its name to Nighthawk Gold Corp.
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