Gold X Mining (CVE:GLDX) Trading 1.4% Higher – Here’s What Happened

Gold X Mining Corp. (CVE:GLDXGet Free Report)’s share price shot up 1.4% during trading on Wednesday . The stock traded as high as C$3.62 and last traded at C$3.61. 99,627 shares traded hands during trading, a decline of 30% from the average daily volume of 142,149 shares. The stock had previously closed at C$3.56.

Gold X Mining Price Performance

The stock has a fifty day simple moving average of C$3.61 and a two-hundred day simple moving average of C$3.61. The firm has a market capitalization of C$191.45 million and a P/E ratio of -6.69.

About Gold X Mining

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Gold X Mining Corp., a Canadian junior mining company, engages in developing the Toroparu Gold Project in Guyana, South America. Its Toroparu project comprises 100% owned Upper Puruni Concession, which covers an area of 53,844 hectares located in the Cuyuni-Mazaruni Region of Western Guyana. The company also holds Chicharron Project located in the Segovia mining title. The company was formerly known as Sandspring Resources Ltd. and changed its name to Gold X Mining Corp. in November 2019. Gold X Mining Corp.

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