Insider Buying: Pacgold Limited (ASX:PGO) Insider Purchases 1,000,000 Shares of Stock

Pacgold Limited (ASX:PGO) insider Caoilin Chestnutt bought 1,000,000 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were acquired at an average price of A$0.08 ($0.05) per share, for a total transaction of A$75,000.00 ($47,770.70).

Pacgold Price Performance

The company has a market cap of $7.89 million, a PE 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.