Insider Buying: Wescan Goldfields Inc. (CVE:WGF) Senior Officer Buys 2,000,000 Shares of Stock

Wescan Goldfields Inc. (CVE:WGF) Senior Officer William Connor Macneill bought 2,000,000 shares of the stock in a transaction dated Thursday, January 2nd. The stock was purchased at an average price of C$0.02 per share, with a total value of C$40,000.00.

Wescan Goldfields Trading Down 12.5 %

Shares of WGF stock traded down C$0.01 during trading hours on Monday, hitting C$0.04. The company’s stock had a trading volume of 1,266 shares, compared to its average volume of 2,015,751. Wescan Goldfields Inc. has a 12-month low of C$0.02 and a 12-month high of C$0.06. The company has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.03. The stock has a market cap of C$1.88 million, a PE ratio of -3.50 and a beta of -0.14.

About Wescan Goldfields

Wescan Goldfields Inc, a mineral exploration company, focuses on acquisition and exploration of properties in Canada. The company explores for gold deposits. It holds 100% interest in the Jojay Gold property consisting of five claim blocks covering approximately an area of 1,496 hectares located in the northeast of La Ronge, Saskatchewan; the Munro Lake Gold property consists of mineral dispositions covering 2,489 hectares located in the La Ronge, Saskatchewan; and the Fork Lake/Jasper/Tamar Gold property consisting of mineral dispositions covering 6,513 hectares located in the La Ronge, Saskatchewan.