Revival Gold (CVE:RVG) Shares Up 8.1% - Here's What Happened

Key Points

• Shares jumped 8.1% — RVG rose to C$0.93 from C$0.86 with 646,864 shares traded, about a 25% increase over its average session volume.
• Valuation and volatility: market capitalization is roughly C$253.9 million, the company shows a negative P/E of -15.50 and a beta of 2.42, with 50- and 200-day moving averages at C$0.86 and C$0.76 respectively.
• Company focus: Revival Gold is a Canadian mineral exploration and development firm that owns 100% of the Beartrack-Arnett Gold Project in Idaho and 51% of the Diamond Mountain phosphate project in Utah.

Revival Gold Inc. (CVE:RVG - ) shot up 8.1% during trading on Monday . The stock traded as high as C$0.93 and last traded at C$0.93. 646,864 shares traded hands during mid-day trading, an increase of 25% from the average session volume of 516,670 shares. The stock had previously closed at C$0.86.

Revival Gold Trading Up 8.1%

The company has a 50 day moving average price of C$0.86 and a 200 day moving average price of C$0.76. The company has a market capitalization of C$253.88 million, a price-to-earnings ratio of -15.50 and a beta of 2.42.

Revival Gold Company Profile

Revival Gold Inc operates as a gold mineral exploration and development company in Canada. It holds 100% interest in the Beartrack-Arnett Gold Project located in Lemhi County, Idaho; and 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah. The company was formerly known as Strata Minerals Inc and changed its name to Revival Gold Inc in July 2017. Revival Gold Inc was incorporated in 2008 and is headquartered in Toronto, Canada.

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