Shares of Cornerstone Capital Resources Inc. (CVE:CGP – Get Free Report) rose 8.6% during mid-day trading on Monday. The stock traded as high as C$4.00 and last traded at C$3.90. Approximately 98,425 shares were traded during trading, an increase of 538% from the average session volume of 15,437 shares. The stock had previously closed at C$3.59.
Cornerstone Capital Resources Trading Up 8.6%
The stock has a market capitalization of C$143.99 million, a price-to-earnings ratio of -20.60 and a beta of 1.48. The business has a 50 day simple moving average of C$3.90 and a 200-day simple moving average of C$3.90.
Cornerstone Capital Resources Company Profile
Cornerstone Capital Resources Inc, through its subsidiaries, engages in the acquisition, evaluation, and exploration of mineral properties in Ecuador and Chile. The company primarily explores for gold, copper, and silver deposits. Its flagship project is the Cascabel project located in northern Ecuador. The company was founded in 1997 and is based in Ottawa, Canada.
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