Shares of Hudson Resources Inc. (CVE:HUD – Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.03 and traded as low as C$0.03. Hudson Resources shares last traded at C$0.03, with a volume of 338,000 shares traded.
Hudson Resources Stock Up 20.0%
The stock has a market capitalization of C$5.45 million, a price-to-earnings ratio of 1.26 and a beta of 2.08. The stock has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.03.
About Hudson Resources
Hudson Resources Inc, a junior exploration company, engages in the mining, exploration, and development of mineral resources in Greenland. The company holds 100% interest in the Gronne Bjerg anorthosite project and a 31.1% interest in the White Mountain anorthosite mine. It also produces anorthosite mineral for various markets, such as e-glass fiberglass; white CO2 free cement; paints, coatings, and polymers; and alumina source. The company was formerly known as Tekwerks Solutions Inc and changed its name to Hudson Resources Inc in December 2002.
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