Eastfield Resources (CVE:ETF) Stock Price Up 60% – What’s Next?

Eastfield Resources Ltd. (CVE:ETF)’s stock price rose 60% during mid-day trading on Wednesday . The company traded as high as 0.04 and last traded at 0.04. Approximately 272,600 shares changed hands during trading, an increase of 557% from the average daily volume of 41,505 shares. The stock had previously closed at 0.03.

Eastfield Resources Stock Performance

The stock has a market cap of $1.67 million, a PE ratio of -3.00 and a beta of 1.73. The business has a 50-day moving average price of 0.03 and a 200-day moving average price of 0.03.

Eastfield Resources Company Profile

Eastfield Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. It primarily explores for gold, copper, nickel, silver, molybdenum, cobalt, and platinum group metals. The company holds 100% interests in the Zymo property that consists of 33 claims and fractions covering an area of approximately 9,195 hectares located in Smithers town, British Columbia; the Iron Lake property, which comprise 21 claims covering an area of approximately 8,035 hectares; and the Hedge Hog property consists of 8 mineral tenures covering an area of approximately 2,785 hectares located in Cariboo Mining division, British Columbia.