Relevant Gold (CVE:RGC) Stock Price Up 5.7% – Here’s Why

Relevant Gold Corp. (CVE:RGC) was up 5.7% on Thursday . The company traded as high as C$0.38 and last traded at C$0.37. 51,500 shares were traded during mid-day trading, an increase of 35% from the average daily volume of 38,055 shares. The stock had previously closed at C$0.35.

Relevant Gold Stock Performance

The company’s 50 day moving average price is C$0.35 and its 200-day moving average price is C$0.42. The company has a market cap of C$54.44 million, a price-to-earnings ratio of -5.29 and a beta of -0.35.

Relevant Gold Company Profile

Relevant Gold Corp. engages in the exploration and development of gold and precious metal properties in the United States. The company holds interest in the Golden Buffalo project that contains 459 unpatented claims covering an area of 3,725 hectares located in west-central Wyoming; and the Lewiston project covering an area of 5,621 hectares located in the west-central Wyoming. It also holds interest in the Shield-Carissa project that comprises of 204 unpatented mining claims covering an area of approximately 3,800 acres located in the South pass mining district; the Bradley Peak project located in the Seminoe Mountains in central Wyoming; and the Windy Flats project located in the South pass mining district.