Comstock Metals (CVE:CSL) Sets New 52-Week Low at $0.03
Shares of Comstock Metals Ltd (CVE:CSL) reached a new 52-week low on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 2000 shares trading hands. The stock had previously closed at C$0.03.
The firm has a market capitalization of $2.78 million and a PE ratio of -0.50. The business’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03.
In related news, Senior Officer Rasool Mohammad sold 988,000 shares of the company’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of C$0.03, for a total value of C$29,640.00. Following the completion of the sale, the insider now owns 3,889,070 shares in the company, valued at approximately C$116,672.10.
Comstock Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and Mexico. It primarily explores for gold and cobalt deposits. The company holds a 100% interest in the Preview SW gold project in the La Ronge district of Saskatchewan. It also holds an option agreement to acquire a 100% interest in the Rawhide cobalt-silver project comprising 42 claim units covering an area of 662 hectares located in Ontario.
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