GT Gold (CVE:GTT) Trading Up 13.2% – Here’s Why

Shares of GT Gold Corp. (CVE:GTT) were up 13.2% on Wednesday . The stock traded as high as C$4.80 and last traded at C$3.85. Approximately 7,092 shares changed hands during trading, a decline of 97% from the average daily volume of 261,805 shares. The stock had previously closed at C$3.40.

GT Gold Price Performance

The firm has a 50 day moving average of C$3.85 and a two-hundred day moving average of C$3.85. The stock has a market cap of C$501.42 million and a PE ratio of -45.83.

About GT Gold

GT Gold Corp. primarily engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, and copper. Its flagship property is the Tatogga property, which covers an area of approximately 47,500.29 hectares located in the northwestern British Columbia. The company was incorporated in 2013 and is headquartered in Vancouver, Canada. As of May 17, 2021, GT Gold Corp. operates as a subsidiary of Newmont Corporation.