Silver Grail Resources (CVE:SVG) Trading Down 50% – Here’s Why

Shares of Silver Grail Resources Ltd. (CVE:SVGGet Free Report) were down 50% during trading on Tuesday . The company traded as low as C$0.20 and last traded at C$0.22. Approximately 995,593 shares were traded during trading, an increase of 447% from the average daily volume of 182,037 shares. The stock had previously closed at C$0.44.

Silver Grail Resources Price Performance

The company has a market capitalization of C$9.61 million, a price-to-earnings ratio of -22.00 and a beta of 2.47. The stock has a 50 day simple moving average of C$0.27 and a two-hundred day simple moving average of C$0.20.

Silver Grail Resources Company Profile

(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.

See Also

Receive News & Ratings for Silver Grail Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silver Grail Resources and related companies with MarketBeat.com's FREE daily email newsletter.