Cornerstone Capital Resources Inc. (CVE:CGP)’s share price hit a new 52-week low on Monday . The stock traded as low as C$2.55 and last traded at C$2.55, with a volume of 31700 shares. The stock had previously closed at C$2.70.

The stock has a market capitalization of $81.30 million and a P/E ratio of -9.07. The company’s 50 day simple moving average is C$2.94 and its two-hundred day simple moving average is C$1.57.

Cornerstone Capital Resources Company Profile (CVE:CGP)

Cornerstone Capital Resources Inc, through its subsidiaries, engages in the acquisition, evaluation, and exploration of mineral properties in Ecuador and Chile. It holds a 100% interest in Miocene gold-silver-copper project, which covers an area of 5,014 hectares located in the regions of Atacama and Antofagasta of northern Chile; and has a portfolio of mineral properties that target epithermal gold-silver and porphyry copper-gold deposits in Ecuador.

Further Reading: Basic Economics

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