Gainey Capital (CVE:GNC) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Gainey Capital Corp. (CVE:GNCGet Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.08 and traded as high as C$0.09. Gainey Capital shares last traded at C$0.09, with a volume of 147,882 shares changing hands.

Gainey Capital Stock Down 5.6 %

The firm’s 50 day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.09. The stock has a market capitalization of C$8.09 million and a P/E ratio of -14.17.

Gainey Capital Company Profile

(Get Free Report)

Gainey Capital Corp., a gold and silver exploration company, engages in the acquisition and exploration of mineral properties. The company owns the El Colomo project covering an area of 18,766 hectares; and a mill in the gold/silver-rich Sierra Madre Occidental trend in western Mexico. It also has an option to own a 100% interest in the Las Margaritas property, which consists of two mineral concessions encompassing a total of 500 hectares located in the State of Durango, Mexico.

Further Reading

Receive News & Ratings for Gainey Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gainey Capital and related companies with MarketBeat.com's FREE daily email newsletter.