Altai Resources (CVE:ATI) Trading Up 18.2% – What’s Next?

Altai Resources Inc. (CVE:ATIGet Free Report) was up 18.2% during trading on Friday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 460,000 shares were traded during mid-day trading, an increase of 672% from the average daily volume of 59,553 shares. The stock had previously closed at C$0.06.

Altai Resources Stock Up 18.2 %

The firm has a market capitalization of C$3.64 million, a PE ratio of -26.67 and a beta of 1.39. The business’s fifty day moving average price is C$0.06 and its 200 day moving average price is C$0.06.

About Altai Resources

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Altai Resources Inc operates as a natural resource exploration and development company in Canada. The company explores for oil and natural gas, and gold properties. It holds a 50% interest in the Malartic gold property which consists of six map designated claims covering an area of 127.6 hectares located in the Malartic Township, Val d'Or area, Quebec; and a 50% interest in the Cessford oil property covering an area of 240 acres located in the Cessford area of Southern Alberta.

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