Traction Uranium (OTC:TRCTF) Shares Down 29% – Here’s Why

Traction Uranium Corp. (OTC:TRCTFGet Free Report) shares dropped 29% during mid-day trading on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 42,007 shares changed hands during trading, an increase of 395% from the average daily volume of 8,484 shares. The stock had previously closed at C$0.23.

Traction Uranium Trading Down 29.0 %

The company has a fifty day moving average price of C$0.18 and a 200-day moving average price of C$0.09.

About Traction Uranium

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Traction Uranium Corp. engages in the acquisition, exploration, and evaluation of resource properties in Canada. It holds 100% interest to acquire the Whitewater Property; 70% interest to acquire the Hearty Bay property and Lazy Edward property; and 75% interest to acquire the Key Lake South property.

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