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

Shares of Ethos Gold Corp. (CVE:ECC) traded down 5.1% during trading on Wednesday . The company traded as low as C$0.18 and last traded at C$0.19. 73,258 shares were traded during mid-day trading, a decline of 54% from the average session volume of 160,651 shares. The stock had previously closed at C$0.20.

Ethos Gold Trading Down 5.1 %

The company has a market capitalization of C$3.05 million and a P/E ratio of -4.63. The business’s fifty day moving average price is C$0.26 and its 200 day moving average price is C$0.33.

About Ethos Gold

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.