Shares of Engold Mines Ltd (CVE:EGM) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 59000 shares changing hands. The stock had previously closed at C$0.09.

The firm has a market cap of $18.88 million and a PE ratio of -6.67.

In other Engold Mines news, Director Rolf Van Driesum bought 10,000 shares of Engold Mines stock in a transaction dated Friday, May 10th. The stock was bought at an average price of C$10.50 per share, for a total transaction of C$105,000.00. Following the completion of the acquisition, the director now directly owns 6,562,615 shares of the company’s stock, valued at C$68,907,457.50.

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About Engold Mines (CVE:EGM)

EnGold Mines Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, copper, silver, and magnetite deposits. It owns a 100% interest in the Lac La Hache property covering an area of 20,841 hectare located in the Cariboo region of central British Columbia, Canada.

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