Altai Resources Inc. (CVE:ATI – Get Free Report) traded up 18.2% during trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. 460,000 shares were traded during mid-day trading, an increase of 672% from the average session volume of 59,553 shares. The stock had previously closed at C$0.06.
Altai Resources Price Performance
The firm has a market capitalization of C$3.64 million, a P/E ratio of -26.67 and a beta of 1.39. The firm’s 50 day moving average is C$0.06 and its two-hundred day moving average is C$0.06.
About Altai Resources
Altai Resources Inc operates as a natural resource exploration and development company in Canada. The company explores for oil and natural gas, and gold properties. It holds a 50% interest in the Malartic gold property which consists of six map designated claims covering an area of 127.6 hectares located in the Malartic Township, Val d'Or area, Quebec; and a 50% interest in the Cessford oil property covering an area of 240 acres located in the Cessford area of Southern Alberta.
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