Superior Gold Inc. (CVE:SGI) Director ZCR Corp. Purchases 301,212 Shares

Superior Gold Inc. (CVE:SGI) Director ZCR Corp. acquired 301,212 shares of Superior Gold stock in a transaction on Monday, September 20th. The shares were bought at an average cost of C$0.49 per share, for a total transaction of C$147,593.88. Following the completion of the purchase, the director now directly owns 3,000,000 shares of the company’s stock, valued at C$1,470,000.

ZCR Corp. also recently made the following trade(s):

  • On Wednesday, September 8th, ZCR Corp. acquired 400,000 shares of Superior Gold stock. The shares were bought at an average cost of C$0.56 per share, for a total transaction of C$224,000.00.

Shares of CVE SGI traded up C$0.05 during midday trading on Tuesday, hitting C$0.52. The company’s stock had a trading volume of 1,449,690 shares, compared to its average volume of 180,649. Superior Gold Inc. has a 12-month low of C$0.45 and a 12-month high of C$0.84. The company has a current ratio of 1.20, a quick ratio of 0.84 and a debt-to-equity ratio of 31.53. The firm has a market cap of C$63.35 million and a P/E ratio of 11.46. The business’s 50 day moving average is C$0.61 and its two-hundred day moving average is C$0.68.

Superior Gold (CVE:SGI) last issued its quarterly earnings results on Tuesday, August 10th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.04 by C($0.03). The company had revenue of C$42.27 million during the quarter. On average, analysts predict that Superior Gold Inc. will post 0.14 earnings per share for the current fiscal year.

About Superior Gold

Superior Gold Inc engages in the acquisition, exploration, development and operation of gold resource properties. Its principal asset is the Plutonic gold mine that is located approximately 800km northeast of Perth, Western Australia. The company was formerly known as 2525908 Ontario Inc and changed its name to Superior Gold Inc in December 2016.

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