Opus One Gold (CVE:OOR) Shares Up 11.1% – Here’s What Happened

Opus One Gold Co. (CVE:OOR – Get Free Report)’s share price shot up 11.1% during mid-day trading on Monday. The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 103,000 shares were traded during trading, a decline of 52% from the average daily volume of 212,898 shares. The stock had previously closed at C$0.04.

Opus One Gold Price Performance

The firm has a market cap of C$14.15 million, a PE ratio of -5.00 and a beta of 2.98. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.12 and a quick ratio of 0.44. The company has a 50 day moving average price of C$0.05 and a 200 day moving average price of C$0.06.

Insiders Place Their Bets

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

About Opus One Gold

(Get Free Report)

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.

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