Insider Buying: Pacgold Limited (ASX:PGO) Insider Buys 200,000 Shares of Stock

Pacgold Limited (ASX:PGO) insider Matthew (Matt) Boyes bought 200,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was purchased at an average cost of A$0.06 ($0.04) per share, with a total value of A$11,600.00 ($7,250.00).

Pacgold Price Performance

The stock has a market capitalization of $7.89 million, a price-to-earnings ratio of -5.78 and a beta of -0.76.

Pacgold Company Profile

Pacgold Limited operates as a gold exploration company in Australia. Its principal property is the Alice River gold project that comprises a portfolio of eight mining leases and five exploration permits located in the Alice River region of north Queensland. The company was formerly known as Alice River Resources Pty Ltd.