Revelo Resources (CVE:RVL) Trading 11.1% Higher

Revelo Resources Corp (CVE:RVL) was up 11.1% during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10, approximately 17,300 shares changed hands during trading. A decline of 70% from the average daily volume of 57,518 shares. The stock had previously closed at C$0.09.

The company has a quick ratio of 0.18, a current ratio of 0.19 and a debt-to-equity ratio of 1,981.69. The firm has a market cap of $1.67 million and a price-to-earnings ratio of -0.73. The stock’s 50 day moving average is C$0.10 and its 200 day moving average is C$0.04.

About Revelo Resources (CVE:RVL)

Revelo Resources Corp. acquires and explores for mineral properties in Chile. The company primarily explores for copper, gold, and silver deposits. It has a portfolio of 26 projects covering approximately 204,000 hectares located along proven mineral belts in northern Chile. The company was formerly known as Iron Creek Capital Corp.

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