Altai Resources Inc. (CVE:ATI – Get Free Report)’s share price fell 81.3% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 117,995 shares changed hands during trading, a decline of 19% from the average session volume of 144,891 shares. The stock had previously closed at C$0.08.
Altai Resources Price Performance
The firm has a market cap of C$1.68 million, a price-to-earnings ratio of -1.50 and a beta of 1.82. The business has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.05.
Altai Resources Company Profile
Altai Resources Inc operates as a natural resource exploration and development company in Canada. The company explores for oil and natural gas, and gold properties. It holds a 50% interest in the Malartic gold property which consists of six map designated claims covering an area of 127.6 hectares located in the Malartic Township, Val d'Or area, Quebec; and a 50% interest in the Cessford oil property covering an area of 240 acres located in the Cessford area of Southern Alberta. Altai Resources Inc was incorporated in 1955 and is headquartered in Toronto, Canada.
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