Altai Resources Inc. (CVE:ATI – Get Free Report)’s share price was up 100% during mid-day trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 193,120 shares were traded during trading, a decline of 53% from the average daily volume of 407,106 shares. The stock had previously closed at C$0.01.
Altai Resources Stock Performance
The company has a market cap of C$1.12 million, a price-to-earnings ratio of -1.00 and a beta of 1.82. The firm’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.04.
Altai Resources Company Profile
Altai Resources Inc operates as a natural resource exploration and development company in Canada. The company explores for oil and natural gas, and gold properties. It holds a 50% interest in the Malartic gold property which consists of six map designated claims covering an area of 127.6 hectares located in the Malartic Township, Val d'Or area, Quebec; and a 50% interest in the Cessford oil property covering an area of 240 acres located in the Cessford area of Southern Alberta. Altai Resources Inc was incorporated in 1955 and is headquartered in Toronto, Canada.
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