Insider Buying: Pacgold (ASX:PGO) Insider Purchases A$58,371.25 in Stock

Pacgold Limited (ASX:PGO) insider Richard Hacker purchased 833,875 shares of the company’s stock in a transaction on Wednesday, December 24th. The stock was bought at an average price of A$0.07 per share, for a total transaction of A$58,371.25.

Pacgold Stock Performance

The stock has a market capitalization of $7.89 million, a price-to-earnings 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. and changed its name to Pacgold Limited in December 2020. The company was incorporated in 2019 and is based in Brisbane, Australia.