Relevant Gold (CVE:RGC) Trading 14.9% Higher – Here’s What Happened

Relevant Gold Corp. (CVE:RGC)’s stock price shot up 14.9% during mid-day trading on Wednesday . The company traded as high as C$0.43 and last traded at C$0.43. 22,646 shares were traded during mid-day trading, a decline of 54% from the average session volume of 48,956 shares. The stock had previously closed at C$0.37.

Relevant Gold Price Performance

The firm has a market cap of C$50.54 million, a P/E ratio of -6.07 and a beta of 0.89. The firm’s 50-day moving average price is C$0.38 and its 200 day moving average price is C$0.38.

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. It also holds interest in the Shield-Carissa project that comprises of 204 unpatented mining claims covering an area of approximately 3,800 acres located in the South pass mining district; the Bradley Peak project located in the Seminoe Mountains in central Wyoming; and the Windy Flats project located in the South pass mining district.