Gossan Resources Limited (CVE:GSS – Get Free Report)’s stock price shot up 40% during mid-day trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. 297,000 shares were traded during trading, an increase of 397% from the average session volume of 59,715 shares. The stock had previously closed at C$0.03.
Gossan Resources Stock Performance
The firm has a market capitalization of C$2.36 million, a PE ratio of -2.50 and a beta of -0.29. The company has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.03.
Gossan Resources Company Profile
Gossan Resources Limited, an exploration and evaluation stage company, engages in the acquisition, exploration, and development of resource properties in Canada. It holds interest in the Glitter property located in the Sturgeon Lake Greenstone Belt of Northwestern Ontario; the Gander Gold property covers an area of 8,875 hectares situated in Newfoundland; and the Weir Pond project covers an area of 975 hectares and the Island Pond properties cover an area of 1,050 hectares located in Newfoundland.
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