Corvis Gold, Inc. (NASDAQ:CORVF) Downgraded by Zacks Investment Research to “Sell”

Corvis Gold, Inc. (NASDAQ:CORVF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Monday, July 17th.

According to Zacks, “Corvus Gold Inc. is a mineral exploration and development company primarily in North America. It focused on gold-silver mining project primarily at North Bullfrog, Nevada. The company also explores gold, silver and copper projects. Corvus Gold Inc. is headquartered in Vancouver, Canada. “

Shares of Corvis Gold (NASDAQ:CORVF) remained flat at $0.62 on Monday. The company’s market capitalization is $57.89 million. The stock has a 50 day moving average of $0.62 and a 200 day moving average of $0.61. Corvis Gold has a 1-year low of $0.37 and a 1-year high of $0.95.

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In other Corvis Gold news, insider Carl Brechtel sold 75,000 shares of the firm’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $0.75, for a total value of $56,250.00. Following the completion of the transaction, the insider now directly owns 250,000 shares of the company’s stock, valued at approximately $187,500. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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