Silver Grail Resources (CVE:SVG) Shares Down 13.3% – Should You Sell?

Silver Grail Resources Ltd. (CVE:SVG) was down 13.3% during mid-day trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.13. Approximately 175,628 shares traded hands during trading, an increase of 100% from the average daily volume of 87,656 shares. The stock had previously closed at C$0.15.

Silver Grail Resources Trading Down 13.3%

The company’s 50 day simple moving average is C$0.17 and its 200 day simple moving average is C$0.23. The stock has a market capitalization of C$5.68 million, a PE ratio of -22.00 and a beta of 2.11.

About Silver Grail Resources

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.