Cornerstone Capital Resources (CVE:CGP) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Cornerstone Capital Resources Inc. (CVE:CGPGet Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$3.90 and traded as low as C$3.65. Cornerstone Capital Resources shares last traded at C$3.90, with a volume of 98,425 shares.

Cornerstone Capital Resources Stock Performance

The company has a 50 day moving average of C$3.90 and a 200 day moving average of C$3.90. The stock has a market capitalization of C$143.99 million, a price-to-earnings ratio of -20.60 and a beta of 1.48.

Cornerstone Capital Resources Company Profile

(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.

Further Reading

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