Silver Grail Resources (CVE:SVG) Stock Price Down 45.5% – Here’s What Happened

Silver Grail Resources Ltd. (CVE:SVG) fell 45.5% on Monday . The stock traded as low as C$0.20 and last traded at C$0.24. 888,283 shares traded hands during mid-day trading, an increase of 437% from the average session volume of 165,564 shares. The stock had previously closed at C$0.44.

Silver Grail Resources Trading Down 50.0%

The business has a fifty day moving average of C$0.27 and a 200-day moving average of C$0.20. The firm has a market cap of C$9.61 million, a PE ratio of -22.00 and a beta of 2.47.

About Silver Grail Resources

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.