Medgold Resources Corp (CVE:MED)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 9000 shares. The stock had previously closed at C$0.08.
The firm has a market cap of $7.58 million and a price-to-earnings ratio of -5.71. The company has a 50 day moving average of C$0.09 and a 200 day moving average of C$0.11.
Medgold Resources Company Profile (CVE:MED)
Medgold Resources Corp., an exploration stage company, engages in the acquisition and exploration of resource properties primarily in Serbia. It explores for gold, silver, and precious and base metals. The company holds 100% interest in the Tlamino project that comprises a block of two contiguous claims, including Donje Tlamino and Surlica-Ducat totaling 192 square kilometers; and five granted exploration licenses covering an area of approximately 570 square kilometers located in the Serbo-Macedonian Massif belt, Serbia.
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