Canasil Resources Inc. (CVE:CLZ)’s share price rose 15.4% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08, approximately 144,200 shares changed hands during mid-day trading. An increase of 98% from the average daily volume of 72,687 shares. The stock had previously closed at C$0.07.

The company has a 50-day simple moving average of C$0.07 and a 200 day simple moving average of C$0.07. The firm has a market cap of $7.29 million and a PE ratio of -5.77.

About Canasil Resources (CVE:CLZ)

Canasil Resources Inc engages in the exploration and development of mineral properties in Canada and Mexico. The company explores for silver, gold, copper, zinc, and lead deposits. Its mineral properties in Durango and Zacatecas in Mexico include a 100% interest in Sandra silver-gold project; 100% interest in Salamandra zinc-silver project; 100% interest in La Esperanza silver-zinc-lead project; 100% interest in Carina silver project; 100% interest in Colibri silver-zinc-lead-copper project; 100% interest in Vizcaino silver-gold project; 100% interest in Victoria zinc-silver project; and 100% interest in Nora silver-gold-copper project.

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