Silver Grail Resources (CVE:SVG) Stock Price Down 50% – Here’s Why

Silver Grail Resources Ltd. (CVE:SVGGet Free Report) dropped 50% during mid-day trading on Tuesday . The company traded as low as C$0.20 and last traded at C$0.22. Approximately 995,593 shares were traded during trading, an increase of 447% from the average daily volume of 182,037 shares. The stock had previously closed at C$0.44.

Silver Grail Resources Price Performance

The stock has a market capitalization of C$8.08 million, a price-to-earnings ratio of -22.00 and a beta of 2.47. The business has a fifty day moving average of C$0.27 and a 200 day moving average of C$0.21.

Silver Grail Resources Company Profile

(Get Free Report)

Silver Grail Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and dealing of mineral properties in Canada. It explores for silver, cobalt, gold, copper, and zinc deposits. The company was founded in 1979 and is headquartered in Victoria, Canada.

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