Silver Grail Resources (CVE:SVG) Trading 26.7% Higher – Still a Buy?

Silver Grail Resources Ltd. (CVE:SVGGet Free Report)’s share price shot up 26.7% during mid-day trading on Friday . The company traded as high as C$0.29 and last traded at C$0.29. 162,116 shares changed hands during mid-day trading, an increase of 293% from the average session volume of 41,257 shares. The stock had previously closed at C$0.23.

Silver Grail Resources Price Performance

The stock’s 50-day moving average price is C$0.16 and its 200-day moving average price is C$0.11. The company has a market cap of C$11.71 million, a P/E ratio of -22.00 and a beta of 3.11.

About Silver Grail Resources

(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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