Wolfden Resources (CVE:WLF) Trading Up 266.7% – Here’s What Happened

Wolfden Resources Co. (CVE:WLF)’s share price was up 266.7% on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 1,470,970 shares were traded during trading, an increase of 2,080% from the average daily volume of 67,470 shares. The stock had previously closed at C$0.03.

Wolfden Resources Trading Down 18.2 %

The stock has a market capitalization of C$14.83 million, a P/E ratio of -9.00 and a beta of 0.58. The company has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.05.

About Wolfden Resources

Wolfden Resources Corporation engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. It explores for nickel, copper, cobalt, zinc, lead, gold, silver, platinum grade elements, and sulphide deposits. The company holds 100% interest in the Pickett Mountain property covering an area of 7,134 acres located in Penobscot County, northern Maine; and the Nickel Island property comprising 4 mineral claims, covering an area of 6,041 hectares located in east-central Manitoba.