Cornerstone Capital Resources (CGP) Hits New 1-Year High at $0.40
Cornerstone Capital Resources Inc. (CVE:CGP) shares reached a new 52-week high on Thursday . The company traded as high as C$0.40 and last traded at C$0.39, with a volume of 6411254 shares changing hands. The stock had previously closed at C$0.34.
The firm has a market cap of $221.86 million and a price-to-earnings ratio of -26.92.
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Cornerstone Capital Resources Inc, through its subsidiaries, engages in the acquisition, evaluation, and exploration of mineral properties in Ecuador and Chile. It holds a 100% interest in Miocene gold-silver-copper project, which covers an area of 5,014 hectares located in the regions of Atacama and Antofagasta of northern Chile; and has a portfolio of mineral properties that target epithermal gold-silver and porphyry copper-gold deposits in Ecuador.
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