With an advance of 25.0%, Currie Rose Resources Inc. (CDX:CUI:CA) was one of the best performing industrial goods sector stocks listed on the TSX Venture on February 16. After closing the previous session at $0.02, shares of CUI:CA opened this morning at $0.025 and closed the day at $0.025. Throughout the day, about 57,000 shares changed hands, compared to an average 30-day volume of 42,789 for Currie Rose Resources Inc.. Shares moved as high as $0.025 and as low as $0.02 in today’s trading action.
The share appreciation gives the company a market capitalization of $714,026 based upon 35.7 million shares outstanding.
In the past 52 weeks, shares of Currie Rose Resources Inc. have traded as low as $0.005 and as high as $0.045. Technical traders will take note that at $0.025, shares of CUI:CA are trading above their 50-day moving average (MA) at $0.02 and above their 200-day MA at above $0.022. 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 $Currie Rose?
Currie Rose Resources Inc is an exploration stage company. It is engaged in the acquisition, exploration & development of resource properties. Its projects include Uitvalgrond Platinum Project, Sondzela Project, Steinkopf Project & Mabale Hills project. The company is led by its CEO Harold Smith from its headquarters at 110B Hannover Drive.
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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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