Thesis Gold (CVE:TAU) Director Purchases C$15,350.00 in Stock

Thesis Gold Inc. (CVE:TAU - Get Free Report) Director Thomas Mumford purchased 5,000 shares of Thesis Gold stock in a transaction on Monday, June 8th. The shares were acquired at an average price of C$3.07 per share, for a total transaction of C$15,350.00. Following the completion of the transaction, the director directly owned 288,776 shares of the company's stock, valued at approximately C$886,542.32. The trade was a 1.76% increase in their ownership of the stock.

Thesis Gold Stock Performance

CVE:TAU opened at C$3.00 on Tuesday. The firm has a market cap of C$832.06 million, a PE ratio of -150.00 and a beta of 2.35. Thesis Gold Inc. has a fifty-two week low of C$0.90 and a fifty-two week high of C$3.98. The business has a 50 day moving average price of C$3.38 and a 200-day moving average price of C$2.90.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TAU. Canadian Imperial Bank of Commerce set a C$6.00 price objective on Thesis Gold and gave the company an "outperformer" rating in a research note on Wednesday, May 6th. Clarus Securities raised Thesis Gold to a "strong-buy" rating in a research note on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. Based on data from MarketBeat.com, Thesis Gold has an average rating of "Buy" and an average target price of C$4.50.

Read Our Latest Stock Report on TAU

Further Reading

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• A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
• A Market Rotation Toward Quality Will Benefit These 3 ETFs

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

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