Shares of Redzone Resources Ltd (CVE:REZ – Get Rating) shot up 10% during mid-day trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. 10,000 shares changed hands during trading, a decline of 67% from the average session volume of 29,926 shares. The stock had previously closed at C$0.10.
Redzone Resources Stock Performance
The firm has a market capitalization of C$2.83 million and a PE ratio of -2.00. The firm’s 50 day moving average price is C$0.11 and its 200-day moving average price is C$0.11.
Redzone Resources Company Profile
Redzone Resources Ltd. engages in the acquisition, exploration, and development of mineral properties. The company holds a 55% interest in the Lara Socos porphyry copper molybdenum property consisting of three mineral concessions covering an area of 1,800 hectares located on the southern coast of Peru.
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