In sliding 3.78%, Golden Predator Mining Corp. (CDX:GPY:CA) was one of the worst performing stocks in the miscellaneous sector of the TSX Venture Exchange on February 16. After closing the previous session at $1.85, shares of GPY:CA opened this morning at $1.78 and closed the day at $1.78. Throughout the day, about 909,263 shares changed hands, compared to an average 30-day volume of 898,725 for Golden Predator Mining Corp.. Shares moved as high as $1.8 and as low as $1.7 in today’s trading action.
The share depreciation gives the company a market capitalization of $145.96 million based upon 78.9 million shares outstanding.
In the past 52 weeks, shares of Golden Predator Mining Corp. have traded as low as $0.13 and as high as $2.05. Technical traders will take note that at $1.78, shares of GPY:CA are trading above their 50-day moving average (MA) at $0.991 and above their 200-day MA at above $0.822. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath or holding under them is typically regarded as bearish.
Who is $Glden Predat?
Golden Predator Mining Corp is an exploration stage company. The Comapany is engaged in acquiring and exploring mineral properties in Canada. The company is led by its CEO Janet Lee-Sheriff from its headquarters at 510 – 580 Hornby Street.
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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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