Silver Grail Resources (CVE:SVG) Shares Down 50% – Here’s What Happened

Shares of Silver Grail Resources Ltd. (CVE:SVGGet Free Report) were down 50% on Tuesday . The company traded as low as C$0.20 and last traded at C$0.22. Approximately 995,593 shares were traded during trading, an increase of 447% from the average daily volume of 182,037 shares. The stock had previously closed at C$0.44.

Silver Grail Resources Stock Performance

The firm has a market cap of C$9.61 million, a price-to-earnings ratio of -22.00 and a beta of 2.47. The business has a fifty day simple moving average of C$0.27 and a 200-day simple moving average of C$0.20.

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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