Silver Grail Resources (CVE:SVG) Trading Up 56.6% – What’s Next?

Shares of Silver Grail Resources Ltd. (CVE:SVG) traded up 56.6% during mid-day trading on Monday . The company traded as high as C$0.42 and last traded at C$0.42. 582,179 shares traded hands during trading, an increase of 904% from the average session volume of 58,011 shares. The stock had previously closed at C$0.27.

Silver Grail Resources Stock Performance

The company’s fifty day moving average price is C$0.22 and its 200-day moving average price is C$0.18. The stock has a market cap of C$18.78 million, a P/E ratio of -22.00 and a beta of 2.86.

About Silver Grail Resources

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.