Key Points
- Insider Jean Francois Metail bought 20,000 Mayfair Gold shares at C$3.49 each, spending C$69,800; the purchase brought his reported ownership to 20,000 shares.
- Mayfair Gold shares rose 2.1% and opened at C$3.47. The stock’s 52-week range was C$3.06–C$6.65.
- Atrium Research upgraded the stock to “Strong Buy,” and MarketBeat reported a consensus “Strong Buy” rating from one analyst.
Mayfair Gold Corp. (CVE:MFG - Get Free Report) insider Jean Francois Metail purchased 20,000 shares of Mayfair Gold stock in a transaction on Tuesday, November 3rd. The stock was purchased at an average price of C$3.49 per share, for a total transaction of C$69,800.00. Following the completion of the transaction, the insider owned 20,000 shares of the company's stock, valued at approximately C$69,800. This represents a ∞ increase in their ownership of the stock.
Mayfair Gold Trading Up 2.1%
Shares of MFG opened at C$3.47 on Tuesday. The company has a fifty day simple moving average of C$3.75. Mayfair Gold Corp. has a 52-week low of C$3.06 and a 52-week high of C$6.65. The company has a market cap of C$241.11 million, a P/E ratio of -10.84 and a beta of 0.65.
Analyst Ratings Changes
Separately, Atrium Research raised shares of Mayfair Gold to a "strong-buy" rating in a research note on Monday, August 24th. One investment analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat.com, Mayfair Gold has a consensus rating of "Strong Buy".
View Our Latest Stock Analysis on MFG
Mayfair Gold Corp. is a Canadian mineral exploration and development company focused on advancing gold assets in Canada. The company's primary project is the Fenn-Gib gold project, located in the Timmins Gold Camp of northern Ontario, a region with a long history of gold mining and established infrastructure.
Fenn-Gib is a large-scale gold exploration project covering a substantial land position along the Porcupine-Destor Fault Zone. Mayfair Gold is focused on exploration, resource definition, technical studies and project development activities intended to evaluate the project's potential for future mining.
Further Reading
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