Gold Road Resources (OTCMKTS:ELKMF) Trading Up 11.2% – Here’s What Happened

Gold Road Resources Limited (OTCMKTS:ELKMFGet Free Report) shares rose 11.2% during trading on Thursday . The company traded as high as $1.66 and last traded at $1.66. Approximately 300 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 733 shares. The stock had previously closed at $1.50.

Gold Road Resources Price Performance

The business has a 50-day simple moving average of $1.45 and a 200 day simple moving average of $1.28.

About Gold Road Resources

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Gold Road Resources Limited, together with its subsidiaries, engages in the exploration of gold properties in Western Australia. It owns 50% interest in the Gruyere gold mine located in north-east of Perth. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010.

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