Anfield Gold Corp (CDX:ANF:CA) came out weak at the opening of trading on April 21, outpacing most other peers in the basic materials sector listed on the TSX Venture Exchange with an early decline of 4.44%. After closing the previous session at $0.9, shares of ANF:CA opened this morning at $0.86 and are currently trading at $0.86. So far, about 19,374 shares have changed hands, compared to an average 30-day volume of 100,788 for Anfield Gold Corp. Shares moved as high as $0.89 and as low as $0.86 in today’s early action.
The share depreciation gives the company a market capitalization of $107.31 million based upon 119.23 million shares outstanding.
In the past 52 weeks, shares of Anfield Gold Corp have traded as low as $0.86 and as high as $1.94. Technical traders will take note that at $0.86, shares of ANF:CA are trading below their 50-day moving average (MA) at $1.014 and below their 200-day MA at below $1.27. 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 $Anfield Nick?
Anfield Gold Corp is a Vancouver based mining company. It is engaged in the acquisition, exploration and development of mineral resources. The Company holds the Coringa gold project in Brazil. The company is led by its CEO Marshall Koval from its headquarters at 625 Howe 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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