Gossan Resources Limited (CVE:GSS – Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 133000 shares traded. The stock had previously closed at C$0.03.
Gossan Resources Price Performance
The company has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The stock has a market capitalization of C$2.00 million, a price-to-earnings ratio of -2.75 and a beta of 1.45.
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.
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