Golden Tag Resources (CVE:GOG) Trading 10% Higher – Should You Buy?
by Mitch Edgeman · The Markets DailyGolden Tag Resources Ltd. (CVE:GOG – Get Free Report)’s share price rose 10% during trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 23,500 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 109,076 shares. The stock had previously closed at C$0.10.
Golden Tag Resources Stock Performance
The stock has a market cap of C$43.54 million, a PE ratio of -14.00 and a beta of 2.16. The firm’s 50-day moving average is C$0.11 and its 200 day moving average is C$0.11.
About Golden Tag Resources
Golden Tag Resources Ltd., a mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties. The company explores for silver, zinc, copper, lead, and gold deposits. It holds a 100% interest in the San Diego property that consists of 4 mining concessions covering an area of 91.65 hectares located in Durango State, Mexico.
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