GFG Resources Inc (CVE:GFG)’s share price reached a new 52-week low on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.20, with a volume of 26000 shares trading hands. The stock had previously closed at C$0.22.

Separately, Eight Capital dropped their price objective on GFG Resources from C$1.60 to C$0.70 in a research note on Thursday, September 13th.

The company has a debt-to-equity ratio of 0.07, a current ratio of 4.41 and a quick ratio of 4.32.

In related news, insider Brian Neville Skanderbeg bought 105,000 shares of the stock in a transaction on Wednesday, September 12th. The shares were purchased at an average price of C$0.28 per share, for a total transaction of C$29,400.00. Insiders purchased a total of 364,500 shares of company stock valued at $95,675 over the last ninety days.

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About GFG Resources (CVE:GFG)

GFG Resources Inc acquires, explores, and develops mineral properties in the United States. The company holds a 100% interest in the Rattlesnake Hills gold project that comprises 1,281 unpatented lode mining claims and 7 state mining leases covering approximately 33,500 acres located in Natrona County, Wyoming.

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