Insider Selling: Cerrado Gold (CVE:CERT) Director Sells 39,575 Shares of Stock

Key Points

  • Cerrado Gold director Maria Virginia Anzola sold 39,575 shares at an average price of C$2.34, generating proceeds of approximately C$92,606.
  • Following the transaction, Anzola retained 54,508 shares worth about C$127,549, representing a 42.06% reduction in her ownership.
  • Cerrado Gold opened at C$2.36, with a market capitalization of approximately C$327.6 million; its shares have traded between C$1.28 and C$2.83 over the past year.

Cerrado Gold Inc. (CVE:CERT - Get Free Report) Director Maria Virginia Anzola sold 39,575 shares of the firm's stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of C$2.34, for a total value of C$92,605.50. Following the completion of the sale, the director directly owned 54,508 shares of the company's stock, valued at C$127,548.72. The trade was a 42.06% decrease in their ownership of the stock.

Cerrado Gold Price Performance

CVE:CERT opened at C$2.36 on Thursday. The company has a market cap of C$327.55 million, a price-to-earnings ratio of 236.00 and a beta of 1.06. The company has a 50 day moving average of C$2.44. Cerrado Gold Inc. has a 1 year low of C$1.28 and a 1 year high of C$2.83.

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