Shares of Cornerstone Capital Resources Inc. (CVE:CGP – Get Free Report) rose 8.6% during mid-day trading on Monday . 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 price-to-earnings ratio of -17.73 and a beta of 1.48. The company has a 50 day moving average of C$3.90 and a 200-day moving average of C$3.90.
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.
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