Wolfden Resources Co. (CVE:WLF – Get Free Report)’s share price shot up 12.5% during mid-day trading on Tuesday. The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 193,000 shares changed hands during mid-day trading, an increase of 117% from the average session volume of 88,874 shares. The stock had previously closed at C$0.04.
Wolfden Resources Price Performance
The stock has a market cap of C$7.59 million, a PE ratio of -2.00 and a beta of -0.25. The firm has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.07.
About Wolfden Resources
Wolfden Resources Corporation engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. It explores for nickel, copper, cobalt, zinc, lead, gold, silver, platinum grade elements, and sulphide deposits. The company holds 100% interest in the Pickett Mountain property covering an area of 7,134 acres located in Penobscot County, northern Maine; and the Nickel Island property comprising 4 mineral claims, covering an area of 6,041 hectares located in east-central Manitoba.
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