Goliath Resources (CVE:GOT) Trading Up 3.2% – Time to Buy?

Goliath Resources Limited (CVE:GOT)’s share price traded up 3.2% during trading on Tuesday . The stock traded as high as C$1.68 and last traded at C$1.63. 404,787 shares were traded during trading, a decline of 22% from the average session volume of 519,540 shares. The stock had previously closed at C$1.58.

Goliath Resources Stock Up 3.2%

The stock has a market cap of C$283.38 million, a price-to-earnings ratio of -9.59 and a beta of 1.64. The firm has a fifty day simple moving average of C$2.22.

Goliath Resources Ltd. (CVE: GOT) is a Canadian junior mineral exploration company. It is principally engaged in the acquisition, exploration and advancement of mineral properties with a focus on discovering and delineating precious and base metal deposits. Goliath operates as an exploration-stage company, pursuing targets through early- to mid-stage field work and drill programs rather than operating producing mines.

The company’s core activities include project generation and property acquisition, geological mapping, surface sampling, geophysical and geochemical surveys, and diamond drilling to test and expand mineralized zones.