Probe Gold (OTCMKTS:PROBF) Shares Down 0.9% – Time to Sell?
by Teresa Graham · The Cerbat GemProbe Gold Inc. (OTCMKTS:PROBF – Get Free Report)’s share price dropped 0.9% during mid-day trading on Wednesday . The company traded as low as $2.6360 and last traded at $2.64. Approximately 91,050 shares changed hands during trading, a decline of 64% from the average daily volume of 252,712 shares. The stock had previously closed at $2.6645.
Analysts Set New Price Targets
Separately, Scotiabank reiterated an “outperform” rating on shares of Probe Gold in a research report on Thursday, October 23rd. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.
Check Out Our Latest Research Report on PROBF
Probe Gold Trading Down 0.9%
The business’s 50-day moving average price is $2.62 and its two-hundred day moving average price is $2.12.
Probe Gold Company Profile
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.