Gossan Resources (CVE:GSS) Reaches New 12-Month Low – Time to Sell?

Gossan Resources Limited (CVE:GSSGet Free Report)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 10000 shares traded. The stock had previously closed at C$0.02.

Gossan Resources Stock Performance

The business has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.03. The company has a market capitalization of C$1.00 million, a PE ratio of 2.00 and a beta of 1.63.

About Gossan Resources

(Get Free Report)

Gossan Resources Limited, an exploration and evaluation stage company, engages in the acquisition, exploration, and development of resource properties in Canada. It holds interest in the Glitter property located in the Sturgeon Lake Greenstone Belt of Northwestern Ontario; the Gander Gold property covers an area of 8,875 hectares situated in Newfoundland; and the Weir Pond project covers an area of 975 hectares and the Island Pond properties cover an area of 1,050 hectares located in Newfoundland.

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