Relevant Gold (CVE:RGC) Hits New 12-Month High - What's Next?

Key Points

• Shares hit a new 52-week high, trading as high as C$0.65 and last at C$0.63 on volume of 44,949 shares (prior close C$0.56); the stock’s 50-day and 200-day moving averages are C$0.46 and C$0.42 respectively.
• Relevant Gold is a Wyoming-focused gold explorer with key projects including Golden Buffalo, Lewiston, Shield‑Carissa, Bradley Peak and Windy Flats, and a market capitalization of C$74.93 million with a negative P/E of −9.00.

Shares of Relevant Gold Corp. (CVE:RGC - ) reached a new 52-week high on Tuesday . The stock traded as high as C$0.65 and last traded at C$0.63, with a volume of 44949 shares. The stock had previously closed at C$0.56.

Relevant Gold Stock Performance

The firm has a market capitalization of C$74.93 million, a P/E ratio of -9.00 and a beta of 0.84. The stock has a 50 day moving average of C$0.46 and a 200-day moving average of C$0.42.

Relevant Gold Company Profile

Relevant Gold Corp. engages in the exploration and development of gold and precious metal properties in the United States. The company holds interest in the Golden Buffalo project that contains 459 unpatented claims covering an area of 3,725 hectares located in west-central Wyoming; and the Lewiston project covering an area of 5,621 hectares located in the west-central Wyoming. It also holds interest in the Shield-Carissa project that comprises of 204 unpatented mining claims covering an area of approximately 3,800 acres located in the South pass mining district; the Bradley Peak project located in the Seminoe Mountains in central Wyoming; and the Windy Flats project located in the South pass mining district.

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