Gossan Resources Limited (CVE:GSS – Get Free Report) rose 16.7% during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 322,000 shares changed hands during mid-day trading, an increase of 315% from the average daily volume of 77,658 shares. The stock had previously closed at C$0.03.
Gossan Resources Stock Performance
The firm’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The firm has a market capitalization of C$2.36 million, a price-to-earnings ratio of 23.66 and a beta of 1.63.
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.
Read More
- Five stocks we like better than Gossan Resources
- What is MarketRank™? How to Use it
- NVIDIA Stock: A Market Barometer in Tech’s Turbulent Times
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Palantir Stock Nears Bear Market Territory – Why and What’s Next?
- Airline Stocks – Top Airline Stocks to Buy Now
- Home Depot Turns a Corner: New Highs Likely This Year
Receive News & Ratings for Gossan Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gossan Resources and related companies with MarketBeat.com's FREE daily email newsletter.
