Corvus Gold (KOR) Sets New 1-Year Low on Insider Selling

Corvus Gold Inc (TSE:KOR) shares hit a new 52-week low during mid-day trading on Thursday after an insider sold shares in the company. The stock traded as low as C$1.75 and last traded at C$1.77, with a volume of 222700 shares. The stock had previously closed at C$1.80.

Specifically, Senior Officer Peggy Wu sold 65,000 shares of Corvus Gold stock in a transaction dated Thursday, April 25th. The stock was sold at an average price of C$1.75, for a total value of C$113,750.00. Following the completion of the sale, the insider now directly owns 321,500 shares in the company, valued at C$562,625.

Several research firms recently weighed in on KOR. HC Wainwright decreased their price objective on Corvus Gold from C$4.20 to C$3.70 in a report on Friday, January 11th. Roth Capital restated a “buy” rating on shares of Corvus Gold in a report on Monday, March 25th.

The firm has a market capitalization of $196.20 million and a P/E ratio of -18.63.

Corvus Gold (TSE:KOR) last announced its earnings results on Tuesday, April 2nd. The company reported C($0.03) EPS for the quarter, missing the Zacks’ consensus estimate of C($0.01) by C($0.02). As a group, equities analysts predict that Corvus Gold Inc will post -0.06 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Corvus Gold (KOR) Sets New 1-Year Low on Insider Selling” was posted by Baseball Daily News and is owned by of Baseball Daily News. If you are reading this news story on another website, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright law. The legal version of this news story can be read at

About Corvus Gold (TSE:KOR)

Corvus Gold Inc acquires, explores, and develops mineral properties primarily in the United States. Its principal mineral property is the North Bullfrog Project, a gold-silver mining project that consists of patented and unpatented mining claims covering an area of approximately 7,223 hectares located in northwestern Nye County, Nevada.

See Also: Understanding Compound Annual Growth Rate (CAGR)

Receive News & Ratings for Corvus Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corvus Gold and related companies with's FREE daily email newsletter.