Cora Gold (CORA) Given Speculative Buy Rating at Beaufort Securities

Beaufort Securities reiterated their speculative buy rating on shares of Cora Gold (LON:CORA) in a research note released on Monday.

Shares of Cora Gold (LON:CORA) opened at GBX 12.74 ($0.17) on Monday. Cora Gold has a 12 month low of GBX 12.27 ($0.17) and a 12 month high of GBX 16.12 ($0.22).

In other Cora Gold news, insider Geoffrey McNamara bought 200,000 shares of the business’s stock in a transaction on Wednesday, October 11th. The stock was purchased at an average cost of GBX 16 ($0.22) per share, for a total transaction of £32,000 ($43,068.64). Also, insider Paul Quirk bought 120,000 shares of the business’s stock in a transaction on Monday, December 4th. The shares were acquired at an average price of GBX 13 ($0.17) per share, with a total value of £15,600 ($20,995.96). Over the last quarter, insiders purchased 520,000 shares of company stock valued at $7,960,000.

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About Cora Gold

Cora Gold Limited is a British Virgin Islands-based mineral exploration and development company. The Company is engaged in limited field activities relating to the exploration of gold and aimed at making mineral discoveries. The Company also focused on surface programmes, such as regional and detailed geological and regolith mapping, regional and infill soil geochemistry and semi-quantitative termite sampling.

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