Midway Gold Corp. CEO Kenneth Arnold Brunk Buys 120,482 Shares (MDW)
Midway Gold Corp. (NYSE:MDW) CEO Kenneth Arnold Brunk purchased 120,482 shares of the company’s stock on the open market in a transaction that occurred on Friday, June 6th. The stock was purchased at an average price of $0.83 per share, for a total transaction of $100,000.06. Following the purchase, the chief executive officer now directly owns 189,482 shares in the company, valued at approximately $157,270. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.
Midway Gold Corp. (NYSE:MDW) remained flat at $0.83 during during mid-day trading trading on Friday. 821,232 shares of the company’s stock traded hands. Midway Gold Corp. has a 52 week low of $0.72 and a 52 week high of $1.44. The stock has a 50-day moving average of $0.84 and a 200-day moving average of $0.97. The company’s market cap is $111.3 million.
Several analysts have recently commented on the stock. Analysts at Canaccord Genuity reiterated a “speculative buy” rating on shares of Midway Gold Corp. in a research note on Friday, May 23rd. They now have a C$1.35 price target on the stock. Separately, analysts at Pi Financial raised their price target on shares of Midway Gold Corp. from C$1.60 to C$1.75 in a research note on Friday, May 23rd. They now have a “buy” rating on the stock. Finally, analysts at Haywood Securities reiterated a “buy” rating on shares of Midway Gold Corp. in a research note on Friday, May 23rd. They now have a C$1.50 price target on the stock.
Midway Gold Corp. (NYSE:MDW) is a development-stage company engaged in the acquisition, exploration and development of gold and silver mineral properties in North America.
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