Insider Selling: Thesis Gold (CVE:TAU) Insider Sells C$192,090.00 in Stock

Thesis Gold Inc. (CVE:TAUGet Free Report) insider Ewan Webster sold 57,000 shares of Thesis Gold stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of C$3.37, for a total transaction of C$192,090.00. Following the completion of the transaction, the insider directly owned 705,403 shares of the company’s stock, valued at C$2,377,208.11. The trade was a 7.48% decrease in their position.

Thesis Gold Stock Performance

TAU opened at C$3.94 on Thursday. Thesis Gold Inc. has a fifty-two week low of C$0.90 and a fifty-two week high of C$3.96. The company has a fifty day moving average of C$3.28 and a two-hundred day moving average of C$2.68. The stock has a market capitalization of C$1.09 billion, a price-to-earnings ratio of -131.33 and a beta of 2.32.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TAU. Clarus Securities raised shares of Thesis Gold to a “strong-buy” rating in a report on Tuesday, April 28th. Canadian Imperial Bank of Commerce set a C$6.00 target price on shares of Thesis Gold and gave the company an “outperformer” rating in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat, Thesis Gold currently has an average rating of “Strong Buy” and an average price target of C$4.50.

Read Our Latest Stock Report on TAU

Further Reading

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