Gold X Mining (CVE:GLDX) Stock Price Up 1.4% – Still a Buy?

Shares of Gold X Mining Corp. (CVE:GLDX) rose 1.4% during trading on Friday . The company traded as high as C$3.62 and last traded at C$3.61. Approximately 99,627 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 142,149 shares. The stock had previously closed at C$3.56.

Gold X Mining Stock Up 1.4 %

The firm has a market cap of C$191.45 million and a price-to-earnings ratio of -6.69. The stock has a 50 day moving average of C$3.61 and a 200 day moving average of C$3.61.

About Gold X Mining

Gold X Mining Corp., a Canadian junior mining company, engages in developing the Toroparu Gold Project in Guyana, South America. Its Toroparu project comprises 100% owned Upper Puruni Concession, which covers an area of 53,844 hectares located in the Cuyuni-Mazaruni Region of Western Guyana. The company also holds Chicharron Project located in the Segovia mining title.