Wolfden Resources Co. (CVE:WLF – Get Free Report)’s share price traded down 30% during trading on Thursday. The company traded as low as C$0.04 and last traded at C$0.04. Approximately 216,000 shares traded hands during trading, an increase of 146% from the average session volume of 87,664 shares. The stock had previously closed at C$0.05.
Wolfden Resources Price Performance
The stock has a 50 day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07. The company has a market cap of C$7.59 million, a price-to-earnings ratio of -2.00 and a beta of -0.09.
About Wolfden Resources
Wolfden Resources Corporation engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. It explores for nickel, copper, cobalt, zinc, lead, gold, silver, platinum grade elements, and sulphide deposits. The company holds 100% interest in the Pickett Mountain property covering an area of 7,134 acres located in Penobscot County, northern Maine; and the Nickel Island property comprising 4 mineral claims, covering an area of 6,041 hectares located in east-central Manitoba.
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