Silver Grail Resources (CVE:SVG) Stock Price Up 52.8% – Here’s Why

Silver Grail Resources Ltd. (CVE:SVG)’s share price shot up 52.8% during mid-day trading on Monday . The stock traded as high as C$0.42 and last traded at C$0.41. 404,679 shares changed hands during trading, an increase of 639% from the average session volume of 54,770 shares. The stock had previously closed at C$0.27.

Silver Grail Resources Price Performance

The stock has a market capitalization of C$18.13 million, a P/E ratio of -22.00 and a beta of 2.86. The stock’s 50-day simple moving average is C$0.22 and its 200 day simple moving average is C$0.18.

Silver Grail Resources Company Profile

Silver Grail Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and dealing of mineral properties in Canada. It explores for silver, cobalt, gold, copper, and zinc deposits. The company was founded in 1979 and is headquartered in Victoria, Canada.