Mongolia Growth Group Ltd. (YAK.V) (CVE:YAK) Shares Gap Down to $0.32

Mongolia Growth Group Ltd. (YAK.V) (CVE:YAK) shares gapped down before the market opened on Thursday . The stock had previously closed at $0.32, but opened at $0.30. Mongolia Growth Group Ltd. (YAK.V) shares last traded at $0.30, with a volume of 16,147 shares trading hands.

The firm has a market capitalization of C$9.40 million and a price-to-earnings ratio of -2.02. The business’s 50-day simple moving average is C$0.24 and its two-hundred day simple moving average is C$0.21. The company has a quick ratio of 1.20, a current ratio of 1.23 and a debt-to-equity ratio of 2.38.

In related news, Director Harris Kupperman purchased 160,000 shares of the company’s stock in a transaction on Monday, October 5th. The stock was acquired at an average cost of C$0.20 per share, for a total transaction of C$31,200.00. Following the completion of the transaction, the director now directly owns 6,300,000 shares in the company, valued at C$1,228,500.

Mongolia Growth Group Ltd. (YAK.V) Company Profile (CVE:YAK)

Mongolia Growth Group Ltd., a real estate investment and development company, owns commercial investment property assets in Ulaanbaatar, Mongolia. Its investment portfolio consists of residential, office, retail, and land and redevelopment sites. The company was formerly known as Summus Capital Corp.

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