Ethos Gold (CVE:ECC) Stock Price Down 5.1% – Should You Sell?

Ethos Gold Corp. (CVE:ECC) shares traded down 5.1% on Friday . The stock traded as low as C$0.54 and last traded at C$0.56. 24,419 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 160,651 shares. The stock had previously closed at C$0.59.

Ethos Gold Price Performance

The firm’s fifty day moving average price is C$0.30 and its two-hundred day moving average price is C$0.27. The stock has a market cap of C$9.14 million and a price-to-earnings ratio of -13.88.

About Ethos Gold

Ethos Gold Corp. identifies, explores for, and develops mineral properties in the United States and Canada. It explores for gold, silver, and copper deposits. The company owns a right to acquire a 100% interest in the Perk-Rocky project located in Williams Lake, British Columbia; the Gaffney gold property located in central British Columbia; the Heaven Lake claim block covering an area of 4,400-hectare located in Ontario; the Fairchild Gold Project covering an area of 2,228-hectare located in the northeast of Sioux Lookout, Ontario; the Toogood claim covering an area of 6,350 hectares and McGrath claim covering an area of 1,800-hectare located on New World Island, Newfoundland; and the Deep Cove and Virgin Arm claims located on New World Island, Newfoundland.