Gossan Resources Limited (CVE:GSS – Get Free Report) shares traded up 33.3% during trading on Monday . The stock traded as high as C$0.06 and last traded at C$0.04. 452,200 shares were traded during mid-day trading, an increase of 377% from the average session volume of 94,729 shares. The stock had previously closed at C$0.03.
Gossan Resources Price Performance
The business’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The stock has a market cap of C$2.70 million, a price-to-earnings ratio of -4.00 and a beta of -1.11.
About Gossan Resources
Gossan Resources Limited, an exploration and evaluation stage company, engages in the acquisition, exploration, and development of resource properties in Canada. It holds interest in the Glitter property located in the Sturgeon Lake Greenstone Belt of Northwestern Ontario; the Gander Gold property covers an area of 8,875 hectares situated in Newfoundland; and the Weir Pond project covers an area of 975 hectares and the Island Pond properties cover an area of 1,050 hectares located in Newfoundland.
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