GT Gold (CVE:GTT) Trading 13.2% Higher – Here’s Why
by Mitch Edgeman · The Markets DailyShares of GT Gold Corp. (CVE:GTT – Get Free Report) rose 13.2% on Wednesday . The stock traded as high as C$4.80 and last traded at C$3.85. 7,092 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 261,805 shares. The stock had previously closed at C$3.40.
GT Gold Stock Performance
The company has a market capitalization of C$501.42 million and a PE ratio of -45.83. The stock’s fifty day simple moving average is C$3.85 and its 200-day simple moving average is C$3.85.
GT Gold Company Profile
GT Gold Corp. primarily engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, and copper. Its flagship property is the Tatogga property, which covers an area of approximately 47,500.29 hectares located in the northwestern British Columbia. The company was incorporated in 2013 and is headquartered in Vancouver, Canada. As of May 17, 2021, GT Gold Corp. operates as a subsidiary of Newmont Corporation.