Cornerstone Capital Resources (CVE:CGP) Stock Price Up 8.6% – Time to Buy?

Cornerstone Capital Resources Inc. (CVE:CGPGet Free Report)’s stock price was up 8.6% on Thursday . The stock traded as high as C$4.00 and last traded at C$3.90. Approximately 98,425 shares changed hands during trading, an increase of 538% from the average daily volume of 15,437 shares. The stock had previously closed at C$3.59.

Cornerstone Capital Resources Trading Up 8.6 %

The stock has a market capitalization of C$143.99 million, a price-to-earnings ratio of -17.73 and a beta of 1.48. The stock has a 50-day simple moving average of C$3.90 and a 200 day simple moving average of C$3.90.

Cornerstone Capital Resources Company Profile

(Get Free Report)

Cornerstone Capital Resources Inc, through its subsidiaries, engages in the acquisition, evaluation, and exploration of mineral properties in Ecuador and Chile. The company primarily explores for gold, copper, and silver deposits. Its flagship project is the Cascabel project located in northern Ecuador.

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