Insider Buying: Gunpoint Exploration Ltd (CVE:GUN) Director Buys 20,000 Shares of Stock

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Gunpoint Exploration Ltd (CVE:GUN) Director Daniel Kunz purchased 20,000 shares of the firm’s stock in a transaction dated Friday, October 26th. The stock was bought at an average cost of C$0.67 per share, with a total value of C$13,464.00. Following the purchase, the director now owns 70,000 shares of the company’s stock, valued at approximately C$47,124.

The firm has a market capitalization of $23.93 million and a PE ratio of -25.00. The company has a fifty day moving average of C$0.55 and a 200-day moving average of C$0.46. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 15.98. Gunpoint Exploration Ltd has a one year low of C$0.38 and a one year high of C$0.74.

About Gunpoint Exploration

Gunpoint Exploration Ltd. engages in the acquisition and exploration of precious metal properties in the United States, Mexico, and Guatemala. It primarily holds a 100% interest in the Talapoosa gold-silver project comprising 509 unpatented lode mining claims covering an area of approximately 14,870 acres located in Lyon County, Nevada.

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