Insider Buying: Maple Gold Mines Ltd. (CVE:MGM) Director Acquires C$14,415.00 in Stock

Financial News Live ·  Dec 11, 2022 06:31

Maple Gold Mines Ltd. (CVE:MGM – Get Rating) Director Brent Matthew Hornor purchased 93,000 shares of the business's stock in a transaction dated Monday, December 5th. The shares were acquired at an average price of C$0.16 per share, with a total value of C$14,415.00. Following the completion of the acquisition, the director now owns 1,413,560 shares of the company's stock, valued at C$219,101.80.

Maple Gold Mines Stock Down 2.9 %

Shares of MGM stock opened at C$0.17 on Friday. Maple Gold Mines Ltd. has a 12 month low of C$0.13 and a 12 month high of C$0.39. The firm has a market cap of C$57.40 million and a PE ratio of -7.73. The stock has a 50 day moving average of C$0.17 and a 200-day moving average of C$0.18. The company has a quick ratio of 4.95, a current ratio of 5.03 and a debt-to-equity ratio of 1.40.

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Maple Gold Mines (CVE:MGM – Get Rating) last issued its quarterly earnings results on Wednesday, November 9th. The company reported C($0.01) EPS for the quarter, hitting analysts' consensus estimates of C($0.01). On average, equities analysts predict that Maple Gold Mines Ltd. will post -0.04 EPS for the current year.

About Maple Gold Mines

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Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project with 691 mineral claims covering an area of approximately 369 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada.

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