Relevant Gold (CVE:RGC) Trading Down 13.5% – Here’s Why

Relevant Gold Corp. (CVE:RGC)’s share price traded down 13.5% during mid-day trading on Monday . The company traded as low as C$0.23 and last traded at C$0.23. 132,300 shares traded hands during trading, an increase of 435% from the average session volume of 24,721 shares. The stock had previously closed at C$0.26.

Relevant Gold Stock Performance

The firm has a market capitalization of C$17.92 million and a price-to-earnings ratio of -3.43. The business’s 50 day moving average is C$0.28 and its 200-day moving average is C$0.29.

Relevant Gold Company Profile

Relevant Gold Corp. engages in the exploration and development of gold and precious metal properties in the United States. The company holds interest in the Golden Buffalo project that contains 459 unpatented claims covering an area of 3,725 hectares located in west-central Wyoming; and the Lewiston project covering an area of 5,621 hectares located in the west-central Wyoming.