Opus One Gold (CVE:OOR) Shares Down 9.1% – What’s Next?

Opus One Gold Co. (CVE:OOR)’s share price fell 9.1% during mid-day trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 104,000 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 215,911 shares. The stock had previously closed at C$0.06.

Opus One Gold Stock Down 9.1%

The firm’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.06. The company has a market capitalization of C$14.15 million, a P/E ratio of -5.00 and a beta of 3.37. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.44 and a current ratio of 0.12.

Insider Activity

In other Opus One Gold news, Director Jean-David Moore acquired 600,000 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was acquired at an average price of C$0.06 per share, for a total transaction of C$36,000.00. Following the acquisition, the director directly owned 14,000,000 shares in the company, valued at C$840,000. This represents a 4.48% increase in their ownership of the stock. Insiders purchased a total of 1,120,000 shares of company stock valued at $62,200 over the last three months. Corporate insiders own 3.64% of the company’s stock.

About Opus One Gold

Opus One Gold Corporation engages in the acquisition, exploration, and evaluation of mineral properties primarily in Canada. It explores for gold and base metals. The company holds 100% interests in the Courville project situated in Courville Township, Quebec; La Grande property that consists of 3 claim blocks covering an area of 1,541 hectares located within the La Grande lithium exploration district; and Wemindji property that comprises 1 claim block covering an area of 2,590 hectares located in James Bay, Quebec.