Thomas Mumford Purchases 5,000 Shares of Thesis Gold (CVE:TAU) Stock

Thesis Gold Inc. (CVE:TAU) Director Thomas Mumford bought 5,000 shares of the stock in a transaction on Monday, June 8th. The stock was purchased at an average cost of C$3.07 per share, with a total value of C$15,350.00. Following the purchase, the director directly owned 288,776 shares of the company’s stock, valued at approximately C$886,542.32. This represents a 1.76% increase in their position.

Thesis Gold Stock Performance

Shares of CVE:TAU opened at C$2.83 on Wednesday. Thesis Gold Inc. has a 52 week low of C$0.90 and a 52 week high of C$3.98. The company has a market capitalization of C$784.91 million, a PE ratio of -141.50 and a beta of 2.35. The company has a 50 day moving average price of C$3.38 and a two-hundred day moving average price of C$2.91.

Analyst Ratings Changes

Several equities research analysts have commented on TAU shares. Clarus Securities raised shares of Thesis Gold to a “strong-buy” rating in a research note on Tuesday, April 28th. Canadian Imperial Bank of Commerce set a C$6.00 target price on shares of Thesis Gold and gave the company an “outperformer” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$4.50.