Insider Buying: Pacgold Limited (ASX:PGO) Insider Acquires A$11,600.00 in Stock

Pacgold Limited (ASX:PGO) insider Matthew (Matt) Boyes bought 200,000 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The shares were bought at an average cost of A$0.06 ($0.04) per share, for a total transaction of A$11,600.00 ($7,204.97).

Pacgold Price Performance

The stock has a market capitalization of $7.89 million, a P/E 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.