GT Gold (CVE:GTT) Shares Up 13.2% – Still a Buy?

GT Gold Corp. (CVE:GTT)’s share price traded up 13.2% during mid-day trading on Wednesday . The stock traded as high as C$4.80 and last traded at C$3.85. 7,092 shares changed hands during 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 Trading Up 13.2%

The business’s 50-day simple moving average is C$3.85 and its two-hundred day simple moving average is C$3.85. The company has a market capitalization of C$501.42 million and a PE ratio of -45.83.

About GT Gold

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.