Carawine Resources (ASX:CWX) Trading 2% Higher

Shares of Carawine Resources Ltd (ASX:CWX) traded up 2% during mid-day trading on Monday . The stock traded as high as A$0.27 ($0.19) and last traded at A$0.26 ($0.18), 501,438 shares were traded during mid-day trading. The stock had previously closed at A$0.26 ($0.18).

The stock has a market capitalization of $18.15 million and a price-to-earnings ratio of -23.64. The firm’s 50 day simple moving average is A$0.19 and its 200-day simple moving average is A$0.14.

Carawine Resources Company Profile (ASX:CWX)

Carawine Resources Limited explores for and develops mineral projects in Western Australia and Victoria, Australia. The company explores for gold, copper, silver, zinc, nickel, cobalt, manganese, and iron deposits. It holds interests in the Jamieson project covering an area of 34 square kilometers located near the township in northeast Victoria; Oakover project that comprises 9 granted exploration licenses and 6 exploration license applications covering a total area of approximately 3,270 square kilometers located in the Eastern Pilbara region; Paterson project located in the Paterson Province; and Fraser Range project that comprises 5 granted exploration licenses located in Western Australia.

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