Redzone Resources (CVE:REZ) Trading Up 10% – Still a Buy?

Redzone Resources Ltd (CVE:REZGet Free Report) shares were up 10% during trading on Friday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 10,000 shares were traded during trading, a decline of 67% from the average daily volume of 29,926 shares. The stock had previously closed at C$0.10.

Redzone Resources Price Performance

The business’s fifty day moving average is C$0.11 and its 200-day moving average is C$0.11. The firm has a market cap of C$2.83 million and a PE ratio of -2.00.

About Redzone Resources

(Get Free Report)

Redzone Resources Ltd. engages in the acquisition, exploration, and development of mineral properties. The company holds a 55% interest in the Lara Socos porphyry copper molybdenum property consisting of three mineral concessions covering an area of 1,800 hectares located on the southern coast of Peru.

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