Wolfden Resources Co. (CVE:WLF – Get Free Report) was down 16.7% on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 196,510 shares changed hands during trading, an increase of 115% from the average daily volume of 91,526 shares. The stock had previously closed at C$0.06.
Wolfden Resources Price Performance
The company has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of C$0.08. The stock has a market capitalization of C$8.54 million, a P/E ratio of -2.25 and a beta of -0.12.
About Wolfden Resources
Wolfden Resources Corporation engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. It explores for nickel, copper, cobalt, zinc, lead, gold, silver, platinum grade elements, and sulphide deposits. The company holds 100% interest in the Pickett Mountain property covering an area of 7,134 acres located in Penobscot County, northern Maine; and the Nickel Island property comprising 4 mineral claims, covering an area of 6,041 hectares located in east-central Manitoba.
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