Gran Colombia Gold (TSE:GCM) Stock Price Passes Above Two Hundred Day Moving Average of $0.00
Gran Colombia Gold Corp (TSE:GCM)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $5.70. Gran Colombia Gold shares last traded at $5.57, with a volume of 161,041 shares.
Separately, Fundamental Research lifted their target price on shares of Gran Colombia Gold from C$5.38 to C$5.40 and gave the stock a “top pick” rating in a report on Friday, May 24th.
The company has a 50 day moving average of C$4.69. The company has a market cap of $277.73 million and a PE ratio of -31.44. The company has a debt-to-equity ratio of 28.57, a current ratio of 1.19 and a quick ratio of 0.82.
In other news, Director Hernan Martinez sold 42,900 shares of Gran Colombia Gold stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of C$4.61, for a total value of C$197,841.93. Following the completion of the sale, the director now directly owns 645,575 shares in the company, valued at C$2,977,198.23. Also, Senior Officer Lombardo Paredes Arenas sold 35,200 shares of Gran Colombia Gold stock in a transaction that occurred on Tuesday, July 23rd. The stock was sold at an average price of C$4.95, for a total transaction of C$174,201.28. Following the completion of the sale, the insider now owns 40,800 shares of the company’s stock, valued at C$201,915.12. Insiders sold 288,800 shares of company stock valued at $1,315,302 over the last quarter.
About Gran Colombia Gold (TSE:GCM)
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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