Altai Resources Inc. (CVE:ATI – Get Free Report) was up 18.2% during mid-day trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 460,000 shares changed hands 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 Trading Up 18.2 %
The firm’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.06. The company has a market cap of C$3.64 million, a P/E ratio of -26.67 and a beta of 1.39.
About Altai Resources
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.
Recommended Stories
- Five stocks we like better than Altai Resources
- Short Selling – The Pros and Cons
- Magnificent 7 Stocks Send a Dire Warning to Markets
- 5 Top Rated Dividend Stocks to Consider
- Why Spotify Stock Still Has Room to Run in 2025
- What Does Downgrade Mean in Investing?
- Buy the Dip: Top Tech Stocks Analysts Say Are Undervalued
Receive News & Ratings for Altai Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altai Resources and related companies with MarketBeat.com's FREE daily email newsletter.
