Gossan Resources Limited (CVE:GSS – Get Free Report) shares traded up 40% on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 297,000 shares traded hands during mid-day trading, an increase of 397% from the average session volume of 59,715 shares. The stock had previously closed at C$0.03.
Gossan Resources Trading Up 40.0%
The firm’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.03. The company has a market cap of C$2.36 million, a PE ratio of -2.50 and a beta of -0.29.
Gossan Resources Company Profile
Gossan Resources Limited, an exploration and evaluation stage company, engages in the acquisition, exploration, and development of resource properties in Canada. It holds interest in the Glitter property located in the Sturgeon Lake Greenstone Belt of Northwestern Ontario; the Gander Gold property covers an area of 8,875 hectares situated in Newfoundland; and the Weir Pond project covers an area of 975 hectares and the Island Pond properties cover an area of 1,050 hectares located in Newfoundland.
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