Shares of Cornerstone Capital Resources Inc. (CVE:CGP – Get Free Report) crossed below its 50 day moving average during trading on Friday . 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 traded.
Cornerstone Capital Resources Trading Up 8.6%
The company’s 50-day simple moving average is C$3.90 and its 200 day simple moving average is C$3.90. The stock has a market cap of C$143.99 million, a P/E ratio of -20.60 and a beta of 1.48.
About Cornerstone Capital Resources
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. The company was founded in 1997 and is based in Ottawa, Canada.
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