Revival Gold (CVE:RVG) Shares Down 1.7% – Here’s Why

Shares of Revival Gold Inc. (CVE:RVG) traded down 1.7% during mid-day trading on Friday . The company traded as low as C$0.28 and last traded at C$0.29. 302,523 shares traded hands during mid-day trading, an increase of 183% from the average session volume of 107,047 shares. The stock had previously closed at C$0.30.

Revival Gold Price Performance

The stock’s 50 day moving average is C$0.31 and its 200-day moving average is C$0.31. The company has a market capitalization of C$32.25 million, a P/E ratio of -2.85 and a beta of 0.72.

Revival Gold (CVE:RVG) last released its earnings results on Thursday, October 10th. The company reported C($0.01) EPS for the quarter. On average, equities research analysts anticipate that Revival Gold Inc. will post -0.0309677 EPS for the current year.

About Revival Gold

Revival Gold Inc operates as a gold mineral exploration and development company in Canada. It holds 100% interest in the Beartrack-Arnett Gold Project located in Lemhi County, Idaho; and 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah. The company was formerly known as Strata Minerals Inc and changed its name to Revival Gold Inc in July 2017.