Gossan Resources Limited (CVE:GSS – Get Free Report)’s stock price dropped 16.7% on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 327,300 shares were traded during mid-day trading, an increase of 581% from the average daily volume of 48,096 shares. The stock had previously closed at C$0.03.
Gossan Resources Trading Down 16.7 %
The company has a market capitalization of C$1.67 million, a price-to-earnings ratio of -2.75 and a beta of 1.45. The firm’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.04.
About Gossan Resources
Gossan Resources Limited, an exploration and evaluation stage company, engages in the acquisition, exploration, and development of resource properties in Canada. It holds interest in the Glitter property located in the sturgeon lake greenstone belt of northwestern Ontario; the Gander Gold property covers an area of 8,875 hectares situated in Newfoundland; and the Weir Pond project covers an area of 975 hectares and the Island Pond properties cover an area of 1,050 hectares located in Newfoundland.
Recommended Stories
- Five stocks we like better than Gossan Resources
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- BlackBerry Stock: Strong Earnings, Profitability Challenges Ahead
- The 3 Best Blue-Chip Stocks to Buy Now
- Progress Software Stock Back in the Green After Beating Forecasts
- Short Selling: How to Short a Stock
- Goldman Sachs Raises Stock Target for Affirm: Key Insights
Receive News & Ratings for Gossan Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gossan Resources and related companies with MarketBeat.com's FREE daily email newsletter.
