Robert Metcalfe Sells 6,700 Shares of Gran Colombia Gold Corp (TSE:GCM) Stock

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Gran Colombia Gold Corp (TSE:GCM) Director Robert Metcalfe sold 6,700 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of C$5.70, for a total transaction of C$38,190.00. Following the sale, the director now owns 493 shares in the company, valued at approximately C$2,810.10.

GCM stock opened at C$4.88 on Wednesday. Gran Colombia Gold Corp has a 52-week low of C$2.10 and a 52-week high of C$5.91. The stock’s fifty day simple moving average is C$5.35 and its 200-day simple moving average is C$4.18. The company has a quick ratio of 1.09, a current ratio of 1.53 and a debt-to-equity ratio of 36.63. The stock has a market capitalization of $241.49 million and a price-to-earnings ratio of 7.63.

Gran Colombia Gold (TSE:GCM) last released its earnings results on Wednesday, August 14th. The company reported C$0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.28 by C$0.05. The business had revenue of C$103.82 million during the quarter. As a group, analysts anticipate that Gran Colombia Gold Corp will post 1.15 earnings per share for the current fiscal year.

Separately, Fundamental Research reiterated a “buy” rating and issued a C$6.63 price target on shares of Gran Colombia Gold in a report on Wednesday, August 28th.

About Gran Colombia Gold

Gran Colombia Gold Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold and silver properties primarily in Colombia. It holds interests in the Segovia operations comprising the El Silencio, Providencia, Sandra K, and the Carla underground mines located in Colombia; and the Marmato gold project situated in Colombia.

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