Cornerstone Capital Resources (CVE:CGP) Shares Up 8.6% – Here’s What Happened

Cornerstone Capital Resources Inc. (CVE:CGPGet Free Report) shares traded up 8.6% during mid-day trading on Friday . The company traded as high as C$4.00 and last traded at C$3.90. 98,425 shares traded hands during trading, an increase of 538% from the average session volume of 15,437 shares. The stock had previously closed at C$3.59.

Cornerstone Capital Resources Trading Up 8.6 %

The company has a 50-day simple moving average of C$3.90 and a 200 day simple moving average of C$3.90. The company has a market cap of C$143.99 million, a P/E ratio of -17.73 and a beta of 1.48.

About Cornerstone Capital Resources

(Get Free Report)

Cornerstone Capital Resources Inc, through its subsidiaries, engages in the acquisition, evaluation, and exploration of mineral properties in Ecuador and Chile. The company primarily explores for gold, copper, and silver deposits. Its flagship project is the Cascabel project located in northern Ecuador.

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