Coral Gold Resources Ltd. (CLH.V) (CVE:CLH) Shares Cross Below 200-Day Moving Average – Should You Sell?

Shares of Coral Gold Resources Ltd. (CLH.V) (CVE:CLH) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$1.11 and traded as low as C$1.10. Coral Gold Resources Ltd. (CLH.V) shares last traded at C$1.11, with a volume of 126,200 shares changing hands.

Coral Gold Resources Ltd. (CLH.V) Stock Performance

The stock has a market capitalization of C$51.45 million and a P/E ratio of -138.75. The business has a 50-day moving average price of C$1.11 and a 200 day moving average price of C$1.11.

Coral Gold Resources Ltd. (CLH.V) Company Profile

Coral Gold Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of gold properties in Nevada. It holds 100% interests in the Norma Sass property with 36 mining claims; the JDN Hilltop Crest with 27 claims; and the Eagle property with 45 claims located in Lander County, Nevada. The company was formerly known as Coral Gold Corp. and changed its name to Coral Gold Resources Ltd. in September 2004. Coral Gold Resources Ltd. was incorporated in 1981 and is headquartered in Vancouver, Canada.