Relevant Gold (CVE:RGC) Shares Down 3% – Here’s What Happened

Relevant Gold Corp. (CVE:RGC)’s share price was down 3% during trading on Thursday. The company traded as low as C$0.32 and last traded at C$0.33. Approximately 18,000 shares were traded during mid-day trading, a decline of 50% from the average session volume of 36,185 shares. The stock had previously closed at C$0.34.

Relevant Gold Stock Performance

The company has a market capitalization of C$44.88 million, a PE ratio of -4.36 and a beta of -0.20. The firm’s 50-day simple moving average is C$0.35 and its 200 day simple moving average is C$0.39.

Relevant Gold Company Profile

Relevant Gold Corp. engages in the exploration and development of gold and precious metal properties in the United States. The company holds interest in the Golden Buffalo project that contains 459 unpatented claims covering an area of 3,725 hectares located in west-central Wyoming; and the Lewiston project covering an area of 5,621 hectares located in the west-central Wyoming. It also holds interest in the Shield-Carissa project that comprises of 204 unpatented mining claims covering an area of approximately 3,800 acres located in the South pass mining district; the Bradley Peak project located in the Seminoe Mountains in central Wyoming; and the Windy Flats project located in the South pass mining district.