Columbus Gold (TSE:CGT) Reaches New 1-Year Low at $0.12

Columbus Gold Corp (TSE:CGT)’s stock price reached a new 52-week low on Friday . The company traded as low as C$0.12 and last traded at C$0.12, with a volume of 104850 shares changing hands. The stock had previously closed at C$0.13.

The firm has a market capitalization of $20.58 million and a P/E ratio of -4.00. The business’s fifty day moving average price is C$0.14 and its two-hundred day moving average price is C$0.17.

Columbus Gold (TSE:CGT) last released its quarterly earnings results on Friday, August 9th. The company reported C($0.01) earnings per share for the quarter. On average, equities analysts forecast that Columbus Gold Corp will post -0.0104 EPS for the current year.

In related news, Director Peter Lawrence Gianulis acquired 200,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 11th. The stock was purchased at an average cost of C$0.13 per share, with a total value of C$26,000.00. Following the transaction, the director now directly owns 200,000 shares of the company’s stock, valued at approximately C$26,000.

About Columbus Gold (TSE:CGT)

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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