Gossan Resources Limited (CVE:GSS – Get Free Report) shares fell 33.3% during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 110,000 shares were traded during trading, an increase of 91% from the average session volume of 57,689 shares. The stock had previously closed at C$0.03.
Gossan Resources Trading Down 33.3 %
The firm has a market cap of C$1.34 million, a price-to-earnings ratio of 2.00 and a beta of 1.64. The business’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04.
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.
Featured Stories
- Five stocks we like better than Gossan Resources
- What Are Dividend Champions? How to Invest in the Champions
- Goldilocks CPI Report Leads Market to Sell Off, Lower Lows Ahead
- The How And Why of Investing in Oil Stocks
- GameStop: Earnings Won’t Save It, Dilution Points to Trouble
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Dividend Aristocrats or Dividend Kings: Which Is Best for You?
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.
