Opus One Gold (CVE:OOR) Reaches New 1-Year Low – What’s Next?

Shares of Opus One Gold Co. (CVE:OOR) reached a new 52-week low during trading on Monday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 10,080 shares trading hands. The stock had previously closed at C$0.05.

Opus One Gold Trading Down 10.0%

The firm’s 50 day moving average is C$0.05 and its 200 day moving average is C$0.06. The company has a market cap of C$12.73 million, a PE ratio of -4.50 and a beta of 2.98. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.12 and a quick ratio of 0.44.

Insider Activity at Opus One Gold

In other news, Director Jean-David Moore purchased 600,000 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were purchased at an average price of C$0.06 per share, with a total value of C$36,000.00. Following the completion of the acquisition, the director owned 14,000,000 shares in the company, valued at C$840,000. This trade represents a 4.48% increase in their position. In the last ninety days, insiders have acquired 1,120,000 shares of company stock worth $62,200. 3.64% of the stock is owned by insiders.

Opus One Gold Company Profile

Opus One Gold Corporation engages in the acquisition, exploration, and evaluation of mineral properties primarily in Canada. It explores for gold and base metals. The company holds 100% interests in the Courville project situated in Courville Township, Quebec; La Grande property that consists of 3 claim blocks covering an area of 1,541 hectares located within the La Grande lithium exploration district; and Wemindji property that comprises 1 claim block covering an area of 2,590 hectares located in James Bay, Quebec.