Silver Grail Resources (CVE:SVG) Trading Down 16.7% – Here’s Why

Silver Grail Resources Ltd. (CVE:SVGGet Free Report)’s share price fell 16.7% during mid-day trading on Monday . The company traded as low as C$0.25 and last traded at C$0.25. 130,502 shares were traded during trading, an increase of 135% from the average session volume of 55,519 shares. The stock had previously closed at C$0.30.

Silver Grail Resources Stock Down 8.6%

The stock has a market capitalization of C$11.57 million, a price-to-earnings ratio of -22.00 and a beta of 2.86. The stock’s 50-day simple moving average is C$0.22 and its 200 day simple moving average is C$0.17.

About Silver Grail Resources

(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.

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