Cornerstone Capital Resources (CVE:CGP) Trading 8.6% Higher – Should You Buy?

Cornerstone Capital Resources Inc. (CVE:CGPGet Free Report)’s stock price was up 8.6% on Friday . The stock traded as high as C$4.00 and last traded at C$3.90. Approximately 98,425 shares traded hands during mid-day trading, an increase of 538% from the average daily volume of 15,437 shares. The stock had previously closed at C$3.59.

Cornerstone Capital Resources Stock Performance

The stock has a market cap of C$143.99 million, a P/E ratio of -17.73 and a beta of 1.48. The stock has a 50-day moving average price of C$3.90 and a 200-day moving average price of C$3.90.

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.

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