Shares of Eastfield Resources Ltd. (CVE:ETF – Get Free Report) fell 37.5% on Wednesday . The company traded as low as 0.03 and last traded at 0.03. 209,862 shares changed hands during mid-day trading, an increase of 455% from the average session volume of 37,795 shares. The stock had previously closed at 0.04.
Eastfield Resources Stock Performance
The stock has a fifty day simple moving average of 0.04 and a two-hundred day simple moving average of 0.03. The stock has a market cap of $2.22 million, a price-to-earnings ratio of -4.00 and a beta of 1.67.
About Eastfield Resources
Eastfield Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. It primarily explores for gold, copper, nickel, silver, molybdenum, cobalt, and platinum group metals. The company holds 100% interests in the Zymo property that consists of 33 claims and fractions covering an area of approximately 9,195 hectares located in Smithers town, British Columbia; the Iron Lake property, which comprise 21 claims covering an area of approximately 8,035 hectares; and the Hedge Hog property consists of 8 mineral tenures covering an area of approximately 2,785 hectares located in Cariboo Mining division, British Columbia.
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