Cornerstone Capital Resources (CVE:CGP) Trading 8.6% Higher – Here’s What Happened

by · The Markets Daily

Cornerstone Capital Resources Inc. (CVE:CGP – Get Free Report)’s share price traded up 8.6% during trading on Friday . The stock traded as high as C$4.00 and last traded at C$3.90. 98,425 shares changed hands during mid-day trading, an increase of 538% from the average session volume of 15,437 shares. The stock had previously closed at C$3.59.

Cornerstone Capital Resources Trading Up 8.6%

The company has a market cap of C$143.99 million, a PE ratio of -20.60 and a beta of 1.48. The firm’s 50-day simple moving average is C$3.90 and its two-hundred day simple moving average is C$3.90.

Cornerstone Capital Resources Company Profile

(Get Free Report)

Cornerstone Capital Resources Inc, through its subsidiaries, engages in the acquisition, evaluation, and exploration of mineral properties in Ecuador and Chile. The company primarily explores for gold, copper, and silver deposits. Its flagship project is the Cascabel project located in northern Ecuador. The company was founded in 1997 and is based in Ottawa, Canada.

Further Reading