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

Pacgold Limited (ASX:PGO) insider Caoilin Chestnutt purchased 1,000,000 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were purchased at an average cost of A$0.08 ($0.05) per share, for a total transaction of A$75,000.00 ($46,583.85).

Pacgold Stock Performance

The firm has a market capitalization of $7.89 million, a PE ratio of -5.78 and a beta of -0.76.

About Pacgold

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.