Redzone Resources (CVE:REZ) Trading Up 10% – Time to Buy?

Shares of Redzone Resources Ltd (CVE:REZGet Free Report) traded up 10% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. 10,000 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 29,926 shares. The stock had previously closed at C$0.10.

Redzone Resources Price Performance

The firm has a market capitalization of C$2.83 million and a P/E ratio of -2.00. The firm has a 50-day moving average price of C$0.11 and a two-hundred day moving average price of C$0.11.

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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