Insider Buying: Pan Global Resources Inc. (CVE:PGZ) Director Acquires 200,000 Shares of Stock

Pan Global Resources Inc. (CVE:PGZ) Director Patrick Charles Evans bought 200,000 shares of Pan Global Resources stock in a transaction that occurred on Wednesday, December 4th. The stock was purchased at an average price of C$0.10 per share, with a total value of C$20,000.00.

Pan Global Resources Stock Performance

Pan Global Resources stock traded up C$0.01 during trading hours on Friday, hitting C$0.11. 108,000 shares of the stock traded hands, compared to its average volume of 132,252. Pan Global Resources Inc. has a 1 year low of C$0.08 and a 1 year high of C$0.27. The stock has a market capitalization of C$25.49 million, a price-to-earnings ratio of -3.50 and a beta of 1.55. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.27 and a quick ratio of 11.60. The firm’s 50 day moving average price is C$0.11 and its 200-day moving average price is C$0.14.

Pan Global Resources (CVE:PGZ) last posted its earnings results on Friday, September 27th. The company reported C($0.01) earnings per share (EPS) for the quarter.

Pan Global Resources Company Profile

Pan Global Resources Inc, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares.