Ethos Gold (CVE:ECC) Shares Down 5.1% – Here’s Why

Ethos Gold Corp. (CVE:ECCGet Free Report)’s stock price dropped 5.1% on Monday . The company traded as low as C$0.54 and last traded at C$0.56. Approximately 24,419 shares traded hands during trading, a decline of 85% from the average daily volume of 160,651 shares. The stock had previously closed at C$0.59.

Ethos Gold Price Performance

The firm’s 50-day simple moving average is C$0.38 and its two-hundred day simple moving average is C$0.29. The company has a market capitalization of C$9.14 million and a price-to-earnings ratio of -13.88.

About Ethos Gold

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Ethos Gold Corp. identifies, explores for, and develops mineral properties in the United States and Canada. It explores for gold, silver, and copper deposits. The company owns a right to acquire a 100% interest in the Perk-Rocky project located in Williams Lake, British Columbia; the Gaffney gold property located in central British Columbia; the Heaven Lake claim block covering an area of 4,400-hectare located in Ontario; the Fairchild Gold Project covering an area of 2,228-hectare located in the northeast of Sioux Lookout, Ontario; the Toogood claim covering an area of 6,350 hectares and McGrath claim covering an area of 1,800-hectare located on New World Island, Newfoundland; and the Deep Cove and Virgin Arm claims located on New World Island, Newfoundland.

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