Hudson Resources (CVE:HUD) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Shares of Hudson Resources Inc. (CVE:HUDGet Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.03 and traded as high as C$0.03. Hudson Resources shares last traded at C$0.03, with a volume of 338,000 shares.

Hudson Resources Price Performance

The company’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.03. The firm has a market capitalization of C$5.45 million, a price-to-earnings ratio of 1.26 and a beta of 2.08.

About Hudson Resources

(Get Free Report)

Hudson Resources Inc, a junior exploration company, engages in the mining, exploration, and development of mineral resources in Greenland. The company holds 100% interest in the Gronne Bjerg anorthosite project and a 31.1% interest in the White Mountain anorthosite mine. It also produces anorthosite mineral for various markets, such as e-glass fiberglass; white CO2 free cement; paints, coatings, and polymers; and alumina source. The company was formerly known as Tekwerks Solutions Inc and changed its name to Hudson Resources Inc in December 2002.

Featured Stories

Receive News & Ratings for Hudson Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudson Resources and related companies with MarketBeat.com's FREE daily email newsletter.