Silver Grail Resources (CVE:SVG) Shares Up 16% – Should You Buy?

Shares of Silver Grail Resources Ltd. (CVE:SVGGet Free Report) were up 16% during trading on Tuesday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 2,288 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 55,150 shares. The stock had previously closed at C$0.25.

Silver Grail Resources Stock Performance

The company’s fifty day moving average is C$0.21 and its two-hundred day moving average is C$0.17. The firm has a market cap of C$12.67 million, a price-to-earnings ratio of -22.00 and a beta of 2.86.

About Silver Grail Resources

(Get Free Report)

Silver Grail Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and dealing of mineral properties in Canada. It explores for silver, cobalt, gold, copper, and zinc deposits. The company was founded in 1979 and is headquartered in Victoria, Canada.

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