Home / Market Movers / Bravada Gold Corporation (CDX:BVA:CA) Advances 2.17% on January 13, Leads TSX Venture Basic Materials Sector

Bravada Gold Corporation (CDX:BVA:CA) Advances 2.17% on January 13, Leads TSX Venture Basic Materials Sector

With an advance of 2.17%, Bravada Gold Corporation (CDX:BVA:CA) was one of the best performing basic material stocks listed on the TSX Venture on January 13. After closing the previous session at $0.23, shares of BVA:CA opened this morning at $0.235 and closed the day at $0.235. Throughout the day, about 11,100 shares changed hands, compared to an average 30-day volume of 74,670 for Bravada Gold Corporation. Shares moved as high as $0.245 and as low as $0.23 in today’s trading action.

The share appreciation gives the company a market capitalization of $8.0 million based upon 34.79 million shares outstanding.

In the past 52 weeks, shares of Bravada Gold Corporation have traded as low as $0.04 and as high as $0.4. Technical traders will take note that at $0.235, shares of BVA:CA are trading above their 50-day moving average (MA) at $0.226 and above their 200-day MA at above $0.226. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move above them or holding over them is typically regarded as bullish.

Who is $Bravada Gld?

Bravada Gold Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of natural resource properties in Canada. Its projects include Wind Mountain project, Quito project, and among others. The company is led by its CEO Joseph A. Kizis from its headquarters at 1199 West Hastings Street.


For more information on Bravada Gld and other companies trading on the TSX Venture Exchange, as well as other Canadian and American stock exchanges, or to be considered for contributing content for our distribution network, visit FinancialPress.com today.

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About the TSX Venture Exchange

Owned and operated by the TMX Group, the TSX Venture Exchange is a public venture capital marketplace for emerging companies. It is headquartered in Calgary, Alberta, Canada with offices in Toronto, Vancouver and Montreal. All trading on the exchange is done electronically. Originally established in 1999, the “Venture,” as it is often shortened, was previously known as the Canadian Venture Exchange, but renamed in 2001 subsequent to the TSX Group (now known as the TMX Group) purchasing it.

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