Pure Gold Mining Inc (PGM) Director Mark Gerard O’dea Purchases 43,500 Shares

Pure Gold Mining Inc (CVE:PGM) Director Mark Gerard O’dea acquired 43,500 shares of Pure Gold Mining stock in a transaction that occurred on Friday, May 10th. The shares were purchased at an average price of C$0.53 per share, with a total value of C$23,055.00. Following the purchase, the director now owns 2,904,800 shares in the company, valued at C$1,539,544.

Mark Gerard O’dea also recently made the following trade(s):

  • On Tuesday, May 7th, Mark Gerard O’dea purchased 71,500 shares of Pure Gold Mining stock. The shares were bought at an average price of C$0.54 per share, for a total transaction of C$38,495.60.
  • On Monday, April 29th, Mark Gerard O’dea purchased 23,500 shares of Pure Gold Mining stock. The shares were bought at an average price of C$0.54 per share, for a total transaction of C$12,690.00.
  • On Friday, April 26th, Mark Gerard O’dea purchased 30,000 shares of Pure Gold Mining stock. The shares were bought at an average price of C$0.55 per share, for a total transaction of C$16,500.00.
  • On Monday, April 22nd, Mark Gerard O’dea purchased 5,000 shares of Pure Gold Mining stock. The shares were bought at an average price of C$0.55 per share, for a total transaction of C$2,750.00.
  • On Thursday, April 18th, Mark Gerard O’dea purchased 30,000 shares of Pure Gold Mining stock. The shares were bought at an average price of C$0.56 per share, for a total transaction of C$16,800.00.
  • On Thursday, April 11th, Mark Gerard O’dea purchased 16,500 shares of Pure Gold Mining stock. The shares were bought at an average price of C$0.53 per share, for a total transaction of C$8,745.00.

Shares of PGM stock traded up C$0.01 during trading hours on Friday, hitting C$0.55. The company’s stock had a trading volume of 3,725 shares, compared to its average volume of 359,163. The company has a market capitalization of $147.88 million and a P/E ratio of -4.62. Pure Gold Mining Inc has a 12-month low of C$0.50 and a 12-month high of C$0.81.

Separately, Raymond James set a C$0.90 price target on shares of Pure Gold Mining and gave the company an “outperform” rating in a research note on Wednesday, February 6th.

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About Pure Gold Mining

Pure Gold Mining Inc, an exploration stage company, engages in the acquisition, exploration, and development of gold, and other precious and base metal properties in Canada. It primarily holds a 100% interest in the Madsen Gold project comprising 257 mining claims that covers an area of approximately 4,600 hectares located in the prolific Red Lake gold camp of Northwestern Ontario.

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