Gossan Resources (CVE:GSS) Reaches New 52-Week Low – Time to Sell?

Gossan Resources Limited (CVE:GSSGet Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 60000 shares traded. The stock had previously closed at C$0.03.

Gossan Resources Price Performance

The stock has a market cap of C$1.34 million, a PE ratio of 2.00 and a beta of 1.63. The stock has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.03.

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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