Gold X Mining (CVE:GLDX) Stock Price Up 1.4% – Should You Buy?

Gold X Mining Corp. (CVE:GLDXGet Free Report) rose 1.4% during trading on Thursday . The company traded as high as C$3.62 and last traded at C$3.61. Approximately 99,627 shares changed hands during mid-day 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 fifty day simple moving average of C$3.61 and a 200 day simple moving average of C$3.61. The stock has a market capitalization of C$191.45 million and a price-to-earnings ratio of -6.69.

Gold X Mining Company Profile

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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.

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