Cornerstone Capital Resources (CVE:CGP) Trading 8.6% Higher – Should You Buy?

Cornerstone Capital Resources Inc. (CVE:CGPGet Free Report)’s stock price traded up 8.6% during trading on Friday . The stock traded as high as C$4.00 and last traded at C$3.90. 98,425 shares traded hands during 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 Trading Up 8.6 %

The firm has a market cap of C$143.99 million, a P/E ratio of -17.73 and a beta of 1.48. The stock’s fifty day moving average is C$3.90 and its two-hundred day moving average is C$3.90.

Cornerstone Capital Resources Company Profile

(Get Free Report)

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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