Redzone Resources (CVE:REZ) Shares Up 10% – Should You Buy?

Redzone Resources Ltd (CVE:REZGet Free Report)’s share price was up 10% during mid-day trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 10,000 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 29,926 shares. The stock had previously closed at C$0.10.

Redzone Resources Stock Up 10.0 %

The firm has a market cap of C$2.83 million and a P/E ratio of -2.00. The stock’s 50-day moving average is C$0.11 and its 200-day moving average is C$0.11.

Redzone Resources Company Profile

(Get Free Report)

Redzone Resources Ltd. engages in the acquisition, exploration, and development of mineral properties. The company holds a 55% interest in the Lara Socos porphyry copper molybdenum property consisting of three mineral concessions covering an area of 1,800 hectares located on the southern coast of Peru.

Read More

Receive News & Ratings for Redzone Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Redzone Resources and related companies with MarketBeat.com's FREE daily email newsletter.