Silver Grail Resources (CVE:SVG) Trading Down 50% – Here’s Why

Shares of Silver Grail Resources Ltd. (CVE:SVGGet Free Report) fell 50% during mid-day trading on Tuesday . The company traded as low as C$0.20 and last traded at C$0.22. 995,593 shares changed hands during mid-day trading, an increase of 447% from the average session volume of 182,037 shares. The stock had previously closed at C$0.44.

Silver Grail Resources Stock Down 50.0%

The stock has a 50-day moving average price of C$0.27 and a 200 day moving average price of C$0.20. The firm has a market capitalization of C$9.61 million, a price-to-earnings ratio of -22.00 and a beta of 2.47.

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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