Columbus Gold Corp (TSE:CGT) Director Purchases C$26,000.00 in Stock

Columbus Gold Corp (TSE:CGT) Director Peter Lawrence Gianulis purchased 200,000 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The shares were bought at an average price of C$0.13 per share, with a total value of C$26,000.00. Following the purchase, the director now owns 200,000 shares in the company, valued at C$26,000.

CGT traded up C$0.01 on Friday, hitting C$0.13. The company’s stock had a trading volume of 31,000 shares, compared to its average volume of 79,754. The company’s 50 day simple moving average is C$0.15 and its 200-day simple moving average is C$0.18. The firm has a market cap of $22.29 million and a P/E ratio of -4.33. Columbus Gold Corp has a 12 month low of C$0.13 and a 12 month high of C$0.29.

About Columbus Gold

Columbus is a gold exploration and development company operating in French Guiana, France. Columbus holds a major interest in the Montagne d’Or gold deposit in French Guiana. A Feasibility Study for Montagne d’Or was filed in May, 2017, and the permitting process is currently underway.

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