Engold Mines (EGM) Hits New 1-Year Low at $0.09

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Engold Mines Ltd (CVE:EGM) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 52000 shares trading hands. The stock had previously closed at C$0.09.

The firm has a market cap of $18.88 million and a PE ratio of -6.92.

In related news, Director Rolf Van Driesum acquired 10,000 shares of the company’s stock in a transaction dated Friday, May 10th. The stock was bought at an average price of C$10.50 per share, with a total value of C$105,000.00. Following the purchase, the director now directly owns 6,562,615 shares in the company, valued at approximately C$68,907,457.50.

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Engold Mines Company Profile (CVE:EGM)

EnGold Mines Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, copper, silver, and magnetite deposits. It owns a 100% interest in the Lac La Hache property covering an area of 20,841 hectare located in the Cariboo region of central British Columbia, Canada.

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