Shares of Canasil Resources Inc. (CVE:CLZ) traded up 25% during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08, 346,500 shares changed hands during trading. An increase of 404% from the average session volume of 68,715 shares. The stock had previously closed at C$0.06.

The firm has a market cap of $7.29 million and a price-to-earnings ratio of -5.77. The stock’s 50 day simple moving average is C$0.06.

Canasil Resources Company Profile (CVE:CLZ)

Canasil Resources Inc engages in the exploration and development of mineral properties in Canada and Mexico. The company explores for silver, gold, copper, zinc, and lead deposits. Its mineral properties in Durango and Zacatecas in Mexico include a 100% interest in Sandra silver-gold project; 100% interest in Salamandra zinc-silver project; 100% interest in La Esperanza silver-zinc-lead project; 100% interest in Carina silver project; 100% interest in Colibri silver-zinc-lead-copper project; 100% interest in Vizcaino silver-gold project; 100% interest in Victoria zinc-silver project; and 100% interest in Nora silver-gold-copper project.

See Also: Why investors pay attention to retained earnings

Receive News & Ratings for Canasil Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canasil Resources and related companies with MarketBeat.com's FREE daily email newsletter.