Eastfield Resources (CVE:ETF) Sets New 1-Year Low – Here’s Why

Shares of Eastfield Resources Ltd. (CVE:ETFGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as 0.02 and last traded at 0.03, with a volume of 67829 shares. The stock had previously closed at 0.03.

Eastfield Resources Stock Performance

The stock has a fifty day moving average of 0.03 and a 200 day moving average of 0.03. The company has a market capitalization of $1.39 million, a PE ratio of -2.50 and a beta of 1.73.

About Eastfield Resources

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Eastfield Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. It primarily explores for gold, copper, nickel, silver, molybdenum, cobalt, and platinum group metals. The company holds 100% interests in the Zymo property that consists of 33 claims and fractions covering an area of approximately 9,195 hectares located in Smithers town, British Columbia; the Iron Lake property, which comprise 21 claims covering an area of approximately 8,035 hectares; and the Hedge Hog property consists of 8 mineral tenures covering an area of approximately 2,785 hectares located in Cariboo Mining division, British Columbia.

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