Nighthawk Gold Corp (TSE:NHK) insider Robert Douglas Cudney bought 70,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were acquired at an average price of C$1.71 per share, with a total value of C$119,700.00. Following the acquisition, the insider now owns 8,763,400 shares of the company’s stock, valued at C$14,985,414.

NHK opened at C$1.79 on Friday. The stock has a fifty day simple moving average of C$2.19 and a two-hundred day simple moving average of C$1.87. The company has a market cap of $79.96 million and a price-to-earnings ratio of -14.21. Nighthawk Gold Corp has a 12-month low of C$0.97 and a 12-month high of C$3.65.

Nighthawk Gold (TSE:NHK) last posted its quarterly earnings data on Friday, May 15th. The company reported C($0.02) earnings per share (EPS) for the quarter. On average, sell-side analysts predict that Nighthawk Gold Corp will post -0.41 EPS for the current fiscal year.

Separately, Pi Financial decreased their target price on Nighthawk Gold from C$5.15 to C$3.00 and set a “buy” rating for the company in a report on Wednesday.

Nighthawk Gold Company Profile

Nighthawk Gold Corp. identifies, acquires, explores, and evaluates gold properties in Canada. It owns a 100% interest in the Indin Lake Gold property covering an area of 222,203 acres located to the north of Yellowknife, the Northwest Territories, as well as Colomac Gold Project. The company was formerly known as Merc International Minerals Inc and changed its name to Nighthawk Gold Corp.

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Insider Buying and Selling by Quarter for Nighthawk Gold (TSE:NHK)

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