West Red Lake Gold Mines (RLG) Trading Down 10%
West Red Lake Gold Mines Inc (CNSX:RLG) shares fell 10% during trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. 135,464 shares were traded during mid-day trading, an increase of 812% from the average session volume of 14,859 shares. The stock had previously closed at C$0.10.
Separately, Fundamental Research dropped their target price on shares of West Red Lake Gold Mines from $0.51 to $0.39 and set a “buy” rating on the stock in a research report on Thursday, November 29th.
West Red Lake Gold Mines Company Profile (CNSX:RLG)
West Red Lake Gold Mines Inc, an exploration stage company, focuses on the exploration and development of gold deposits in the Red Lake Gold District of Northwestern Ontario, Canada. It holds interests in the West Red Lake project that consists of three contiguous properties covering an area of 3,100 hectares located in Red Lake mining division, District of Kenora, Northwestern Ontario.
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