Altai Resources (CVE:ATI) Trading Up 100% – Time to Buy?

Altai Resources Inc. (CVE:ATIGet Free Report)’s share price was up 100% during trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 193,120 shares were traded during trading, a decline of 53% from the average daily volume of 407,106 shares. The stock had previously closed at C$0.01.

Altai Resources Stock Up 100.0%

The stock has a market capitalization of C$1.12 million, a P/E ratio of -1.00 and a beta of 1.82. The company has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04.

Altai Resources Company Profile

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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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