Silver Grail Resources (CVE:SVG) Trading Down 50% – Here’s Why

Silver Grail Resources Ltd. (CVE:SVG)’s share price traded down 50% on Monday . The stock traded as low as C$0.20 and last traded at C$0.22. 995,593 shares traded hands during trading, an increase of 447% from the average session volume of 182,037 shares. The stock had previously closed at C$0.44.

Silver Grail Resources Trading Down 50.0%

The business’s fifty day moving average price is C$0.27 and its 200-day moving average price is C$0.20. The company has a market capitalization of C$9.61 million, a P/E ratio of -22.00 and a beta of 2.47.

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.