Gold X Mining (CVE:GLDX) Stock Price Up 1.4% – Here’s Why

Gold X Mining Corp. (CVE:GLDX)’s stock price rose 1.4% during mid-day trading on Friday . The company traded as high as C$3.62 and last traded at C$3.61. Approximately 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 Stock Performance

The business has a 50-day simple moving average of C$3.61 and a 200 day simple moving average of C$3.61. The firm has a market cap of C$191.45 million and a P/E ratio of -6.69.

About Gold X Mining

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.