Silver Grail Resources (CVE:SVG) Shares Up 23.5% – Still a Buy?

Silver Grail Resources Ltd. (CVE:SVGGet Free Report)’s share price traded up 23.5% during mid-day trading on Wednesday . The stock traded as high as C$0.24 and last traded at C$0.21. 162,058 shares traded hands during trading, an increase of 213% from the average session volume of 51,835 shares. The stock had previously closed at C$0.17.

Silver Grail Resources Price Performance

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. The business’s 50 day simple moving average is C$0.22 and its 200 day simple moving average is C$0.14.

Silver Grail Resources Company Profile

(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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