Relevant Gold (CVE:RGC) Shares Down 7.7% – Here’s Why

Relevant Gold Corp. (CVE:RGC)’s stock price traded down 7.7% during trading on Wednesday . The stock traded as low as C$0.36 and last traded at C$0.36. 56,052 shares changed hands during mid-day trading, an increase of 66% from the average session volume of 33,750 shares. The stock had previously closed at C$0.39.

Relevant Gold Stock Down 7.7%

The company has a market cap of C$37.12 million, a price-to-earnings ratio of -7.20 and a beta of 0.88. The firm’s 50 day simple moving average is C$0.41 and its 200 day simple moving average is C$0.37.

About Relevant Gold

Relevant Gold Corp. engages in the exploration and development of gold and precious metal properties in the United States. The company holds interest in the Golden Buffalo project that contains 459 unpatented claims covering an area of 3,725 hectares located in west-central Wyoming; and the Lewiston project covering an area of 5,621 hectares located in the west-central Wyoming.