Arnold Klassen Acquires 100,000 Shares of GFG Resources Inc (CVE:GFG) Stock

GFG Resources Inc (CVE:GFG – Get Rating) Director Arnold Klassen acquired 100,000 shares of GFG Resources stock in a transaction on Monday, January 23rd. The shares were purchased at an average price of C$0.16 per share, for a total transaction of C$16,000.00. Following the completion of the purchase, the director now directly owns 253,000 shares of the company’s stock, valued at C$40,480.

Arnold Klassen also recently made the following trade(s):

• On Wednesday, December 21st, Arnold Klassen sold 1,000 shares of GFG Resources stock. The stock was sold at an average price of C$0.09, for a total transaction of C$90.00.

GFG Resources Stock Performance

GFG Resources stock remained flat at C$0.16 during trading hours on Tuesday. 2,661 shares of the company’s stock were exchanged, compared to its average volume of 112,964. The company has a market cap of C$28.09 million and a P/E ratio of -31.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.98 and a current ratio of 3.16. GFG Resources Inc has a 12-month low of C$0.08 and a 12-month high of C$0.22. The stock has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.10.

About GFG Resources

(Get Rating)

GFG Resources Inc, an exploration company, engages in the acquisition and exploration of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It holds 100% interests in the Goldarm Property, Pen gold, and Dore gold projects located in Ontario; and the Rattlesnake Hills gold project situated in Natrona County, Wyoming.