Gold Road Resources (OTCMKTS:ELKMF) Trading 2.5% Higher – Time to Buy?

Gold Road Resources Limited (OTCMKTS:ELKMFGet Free Report) shares shot up 2.5% during trading on Monday . The stock traded as high as $2.06 and last traded at $2.06. 1,025 shares changed hands during trading, a decline of 84% from the average session volume of 6,571 shares. The stock had previously closed at $2.01.

Gold Road Resources Stock Performance

The company’s 50 day moving average price is $1.93 and its 200 day moving average price is $1.59.

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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