Insider Buying: Michael Shaunnessy Acquires 5,000 Shares of Nevada Gold & Casinos Stock (UWN)
Nevada Gold & Casinos (NYSE:UWN) CEO Michael Shaunnessy purchased 5,000 shares of the company’s stock on the open market in a transaction dated Wednesday, September 18th. The stock was purchased at an average price of $1.10 per share, with a total value of $5,500.00. Following the completion of the purchase, the chief executive officer now directly owns 5,000 shares of the company’s stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.
Shares of Nevada Gold & Casinos (NYSE:UWN) traded up 0.93% during mid-day trading on Thursday, hitting $1.09. 18,600 shares of the company’s stock traded hands. Nevada Gold & Casinos has a 1-year low of $0.71 and a 1-year high of $1.30. The stock’s 50-day moving average is $1.15 and its 200-day moving average is $1.07. The company’s market cap is $17.5 million.
Nevada Gold & Casinos (NYSE:UWN) last announced its earnings results on Friday, September 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.05. The company had revenue of $15.70 million for the quarter, compared to the consensus estimate of $17.80 million.
Nevada Gold & Casinos, Inc, is primarily a gaming company involved in financing, developing, owning and operating gaming projects.
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