Relevant Gold (CVE:RGC) Trading Down 3.8% – Here’s Why

Relevant Gold Corp. (CVE:RGC) shares were down 3.8% during mid-day trading on Wednesday . The stock traded as low as C$0.38 and last traded at C$0.38. Approximately 40,400 shares were traded during trading, a decline of 17% from the average daily volume of 48,560 shares. The stock had previously closed at C$0.40.

Relevant Gold Price Performance

The firm’s 50-day moving average price is C$0.32 and its 200-day moving average price is C$0.28. The company has a market cap of C$28.37 million and a price-to-earnings ratio of -5.43.

Relevant Gold Company Profile

Relevant Gold Corp. engages in the exploration and development of gold and precious metal properties in the United States. The company holds interest in the Golden Buffalo project that contains 459 unpatented claims covering an area of 3,725 hectares located in west-central Wyoming; and the Lewiston project covering an area of 5,621 hectares located in the west-central Wyoming.