Shares of Cornerstone Capital Resources Inc. (CVE:CGP – Get Free Report) traded up 8.6% during mid-day trading on Friday . The stock traded as high as C$4.00 and last traded at C$3.90. 98,425 shares changed hands during mid-day trading, an increase of 538% from the average session volume of 15,437 shares. The stock had previously closed at C$3.59.
Cornerstone Capital Resources Stock Performance
The firm’s 50-day simple moving average is C$3.90 and its 200 day simple moving average is C$3.90. The stock has a market capitalization of C$143.99 million, a P/E ratio of -17.73 and a beta of 1.48.
Cornerstone Capital Resources Company Profile
Cornerstone Capital Resources Inc, through its subsidiaries, engages in the acquisition, evaluation, and exploration of mineral properties in Ecuador and Chile. The company primarily explores for gold, copper, and silver deposits. Its flagship project is the Cascabel project located in northern Ecuador.
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