Home / Market Movers / TriStar Gold Inc. (CDX:TSG:CA) Advances 3.51% on February 16, Leads TSX Venture Basic Materials Sector

TriStar Gold Inc. (CDX:TSG:CA) Advances 3.51% on February 16, Leads TSX Venture Basic Materials Sector

With an advance of 3.51%, TriStar Gold Inc. (CDX:TSG:CA) was one of the best performing basic material stocks listed on the TSX Venture on February 16. After closing the previous session at $0.285, shares of TSG:CA opened this morning at $0.295 and closed the day at $0.295. Throughout the day, about 25,500 shares changed hands, compared to an average 30-day volume of 56,488 for TriStar Gold Inc.. Shares moved as high as $0.295 and as low as $0.285 in today’s trading action.

The share appreciation gives the company a market capitalization of $39.43 million based upon 138.35 million shares outstanding.

In the past 52 weeks, shares of TriStar Gold Inc. have traded as low as $0.16 and as high as $0.53. Technical traders will take note that at $0.295, shares of TSG:CA are trading above their 50-day moving average (MA) at $0.271 and below their 200-day MA at below $0.348. 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 $TriStar Gld?

Tristar Gold Inc is an exploration stage company, with activities in South America. The Company is engaged in the acquisition and exploration of mineral properties with the potential for economically recoverable reserves. The company is led by its CEO Nicholas Appleyard from its headquarters at 7950 East Acoma 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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