Gold X Mining (CVE:GLDX) Trading 1.4% Higher – Should You Buy?

Shares of Gold X Mining Corp. (CVE:GLDXGet Free Report) shot up 1.4% on Thursday . The stock traded as high as C$3.62 and last traded at C$3.61. 99,627 shares changed hands during trading, a decline of 30% from the average session volume of 142,149 shares. The stock had previously closed at C$3.56.

Gold X Mining Stock Performance

The business’s 50 day moving average price is C$3.61 and its 200-day moving average price is C$3.61. The firm has a market cap of C$191.45 million and a price-to-earnings ratio of -6.69.

Gold X Mining Company Profile

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Gold X Mining Corp., a Canadian junior mining company, engages in developing the Toroparu Gold Project in Guyana, South America. Its Toroparu project comprises 100% owned Upper Puruni Concession, which covers an area of 53,844 hectares located in the Cuyuni-Mazaruni Region of Western Guyana. The company also holds Chicharron Project located in the Segovia mining title.

Further Reading

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