Relevant Gold (CVE:RGC) Stock Price Down 11.5% – Here’s What Happened

Shares of Relevant Gold Corp. (CVE:RGC) were down 11.5% during mid-day trading on Tuesday . The company traded as low as C$0.23 and last traded at C$0.23. Approximately 18,500 shares traded hands during mid-day trading, an increase of 94% from the average daily volume of 9,525 shares. The stock had previously closed at C$0.26.

Relevant Gold Stock Performance

The business has a fifty day simple moving average of C$0.26 and a 200 day simple moving average of C$0.28. The stock has a market cap of C$17.17 million and a price-to-earnings ratio of -3.29.

About Relevant Gold

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.