Cornerstone Capital Resources (CVE:CGP) Trading Up 8.6% – Time to Buy?

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

Cornerstone Capital Resources Trading Up 8.6 %

The firm has a market capitalization of C$143.99 million, a PE ratio of -17.73 and a beta of 1.48. The firm’s fifty day moving average price is C$3.90 and its 200 day moving average price is C$3.90.

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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