Silver Grail Resources (CVE:SVG) Shares Up 23.5% – What’s Next?

Silver Grail Resources Ltd. (CVE:SVGGet Free Report)’s share price rose 23.5% during mid-day trading on Wednesday . The company traded as high as C$0.24 and last traded at C$0.21. Approximately 162,058 shares traded hands during mid-day trading, an increase of 213% from the average daily volume of 51,826 shares. The stock had previously closed at C$0.17.

Silver Grail Resources Stock Performance

The stock’s 50-day moving average price is C$0.22 and its 200-day moving average price is C$0.14. The company has a market capitalization of C$6.22 million, a price-to-earnings ratio of -22.00 and a beta of 3.39.

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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