Roxgold (OTCMKTS:ROGFF) Stock Price Up 2% – Here’s Why

Roxgold Inc. (OTCMKTS:ROGFF – Get Free Report)’s stock price traded up 2% during mid-day trading on Thursday. The company traded as high as $1.5741 and last traded at $1.54. 46,900 shares were traded during trading, a decline of 53% from the average session volume of 99,674 shares. The stock had previously closed at $1.51.

Roxgold Stock Performance

The stock has a 50-day simple moving average of $1.54 and a 200-day simple moving average of $1.54.

About Roxgold

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Roxgold Inc was a Canadian gold exploration, development and mining company focused on West Africa. The company’s activities included identifying and evaluating gold deposits, advancing mining projects and operating producing assets.

Roxgold’s principal operating asset was the Yaramoko gold mine in Burkina Faso, an underground operation that produced gold from the 55 Zone and Bagassi South deposits. The company also developed the Séguéla gold project in Côte d’Ivoire, which was intended to become a significant future production asset.

In 2021, Fortuna Silver Mines agreed to acquire Roxgold, and the transaction was completed later that year.

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