Silver Grail Resources (CVE:SVG) Shares Down 50% – Time to Sell?
by Kim Johansen · The Markets DailySilver Grail Resources Ltd. (CVE:SVG – Get Free Report) traded down 50% during trading on Monday . The company traded as low as C$0.20 and last traded at C$0.22. 995,593 shares changed hands during trading, an increase of 447% from the average session volume of 182,037 shares. The stock had previously closed at C$0.44.
Silver Grail Resources Stock Performance
The company has a 50-day moving average of C$0.27 and a 200-day moving average of C$0.20. The firm has a market capitalization of C$9.61 million, a price-to-earnings ratio of -22.00 and a beta of 2.47.
Silver Grail Resources Company Profile
Silver Grail Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and dealing of mineral properties in Canada. It explores for silver, cobalt, gold, copper, and zinc deposits. The company was founded in 1979 and is headquartered in Victoria, Canada.