Probe Gold (OTCMKTS:PROBF) Stock Price Up 0.2% – Here’s Why

Probe Gold Inc. (OTCMKTS:PROBFGet Free Report)’s stock price shot up 0.2% on Wednesday . The company traded as high as $2.6450 and last traded at $2.6450. 3,976,535 shares changed hands during trading, an increase of 566% from the average session volume of 596,853 shares. The stock had previously closed at $2.64.

Wall Street Analysts Forecast Growth

Separately, Scotiabank reaffirmed an “outperform” rating on shares of Probe Gold in a report on Thursday, October 23rd. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy”.

Read Our Latest Stock Analysis on Probe Gold

Probe Gold Stock Performance

The business’s 50 day simple moving average is $2.63 and its 200 day simple moving average is $2.22.

About Probe Gold

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Probe Gold Inc (OTCMKTS: PROBF) is a junior mineral exploration company focused on the acquisition, exploration and development of gold and silver properties in North America. Headquartered in Vancouver, British Columbia, the company concentrates its efforts on highly prospective districts within the Yukon Territory, Canada, and in Chihuahua State, Mexico. Probe Gold’s strategy centers on systematic fieldwork—drilling, geological mapping, geophysical surveying and sampling—to advance its projects toward resource definition.

The company’s flagship asset is the Tom Gold Project, situated in the North Rackla district of the Yukon.

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