Insider Selling: Gran Colombia Gold Corp (TSE:GCM) Director Sells 6,700 Shares of Stock
Gran Colombia Gold Corp (TSE:GCM) Director Robert Metcalfe sold 6,700 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of C$5.70, for a total value of C$38,190.00. Following the completion of the sale, the director now owns 493 shares in the company, valued at C$2,810.10.
GCM opened at C$4.81 on Thursday. Gran Colombia Gold Corp has a 12 month low of C$2.12 and a 12 month high of C$5.91. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.53 and a quick ratio of 1.09. The stock has a market cap of $238.07 million and a P/E ratio of 7.52. The stock’s 50 day moving average price is C$5.35 and its 200 day moving average price is C$4.18.
Gran Colombia Gold (TSE:GCM) last posted its earnings results on Wednesday, August 14th. The company reported C$0.33 EPS for the quarter, beating the consensus estimate of C$0.28 by C$0.05. The business had revenue of C$103.82 million during the quarter. Equities analysts anticipate that Gran Colombia Gold Corp will post 1.15 EPS for the current year.
About Gran Colombia Gold
Gran Colombia Gold Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold and silver properties primarily in Colombia. It holds interests in the Segovia operations comprising the El Silencio, Providencia, Sandra K, and the Carla underground mines located in Colombia; and the Marmato gold project situated in Colombia.
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