Silver Grail Resources (CVE:SVG) Trading Down 16.7% – Here’s Why

by · The Cerbat Gem

Silver Grail Resources Ltd. (CVE:SVG – Get Free Report)’s stock price dropped 16.7% during mid-day trading on Monday . The company traded as low as C$0.25 and last traded at C$0.25. Approximately 130,502 shares were traded during mid-day trading, an increase of 135% from the average daily volume of 55,519 shares. The stock had previously closed at C$0.30.

Silver Grail Resources Price Performance

The company has a fifty day simple moving average of C$0.22 and a two-hundred day simple moving average of C$0.17. The company has a market capitalization of C$11.57 million, a P/E ratio of -22.00 and a beta of 2.86.

About Silver Grail Resources

(Get Free Report)

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.

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